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Owens Realty reports 4Q loss

WALNUT CREEK, Calif. (AP) _ Owens Realty Mortgage Inc. (ORM) on Wednesday reported a fourth-quarter loss of $1.2 million, after reporting a profit in the same period a year earlier.

The Walnut Creek, California-based company said it had a loss of 11 cents per share.

The real estate investment trust posted revenue of $3.7 million in the period.

For the year, the company reported profit of $24.4 million, or $2.38 per share. Revenue was reported as $17.1 million.

Owens Realty shares have fallen nearly 10 percent since the beginning of the year.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ORM at https://www.zacks.com/ap/ORM


Keywords: Owens Realty, Earnings Report