DALLAS (AP) _ InfraREIT Inc. (HIFR) on Thursday reported third-quarter earnings of $14.3 million.
On a per-share basis, the Dallas-based company said it had profit of 32 cents. Earnings, adjusted for non-recurring costs, came to 35 cents per share.
The real estate investment trust that owns electric transmission and distribution assets posted revenue of $48.9 million in the period.
InfraREIT shares have risen 13 percent since the beginning of the year. The stock has decreased 6 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 HIFR at https://www.zacks.com/ap/HIFR