Transcontinental Realty: 2Q Earnings Snapshot
Transcontinental Realty: 2Q Earnings Snapshot
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DALLAS (AP) _ Transcontinental Realty Investors Inc. (TCI) on Tuesday reported second-quarter net income of $7.2 million, after reporting a loss in the same period a year earlier.
The Dallas-based company said it had profit of 81 cents per share.
The real estate investor posted revenue of $31.6 million in the period.
Transcontinental Realty shares have climbed 3 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $32.26, a rise of 40 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TCI at https://www.zacks.com/ap/TCI
