American Realty Investors (ARL) Announces Quarterly Earnings Results
American Realty Investors (NYSE:ARL) announced its earnings results on Thursday. The company reported $0.08 earnings per share (EPS) for the quarter, ARN reports. The company had revenue of $20.85 million for the quarter, compared to the consensus estimate of $20.40 million.
Shares of American Realty Investors (NYSE:ARL) remained flat at $6.00 during trading on Thursday. The stock had a trading volume of 700 shares. American Realty Investors has a 52-week low of $3.40 and a 52-week high of $10.99. The stock’s 50-day moving average is $6.57 and its 200-day moving average is $7.77. The company has a market cap of $67.8 million and a P/E ratio of 1.65.
American Realty Investors, Inc (NYSE:ARL) is engaged in the business of acquisition, development and ownership of income-producing residential, hotel and commercial real estate properties.
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