DALLAS (AP) _ American Realty Investors Inc. (ARL) on Tuesday reported third-quarter earnings of $20.4 million.
On a per-share basis, the Dallas-based company said it had net income of $1.26.
The real estate investment company posted revenue of $33.4 million in the period.
ARL shares have risen 28 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $16.50, a rise of 70 percent in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ARL at https://www.zacks.com/ap/ARL