earnings
confidence high
sentiment positive
materiality 0.50
Transcontinental Realty Q1 net income $4.6M ($0.53 EPS) vs $2.5M ($0.30) YoY
TRANSCONTINENTAL REALTY INVESTORS INC
2025-Q1 EPS reported
$0.53
revenue$12,008,000
- Net income attributable to common shares rose 84% to $4.6M ($0.53 diluted EPS) from $2.5M ($0.30) in Q1 2024.
- Rental revenue edged up to $11.4M from $11.3M; net operating loss narrowed to $0.6M from $1.3M.
- Total occupancy 80% (multifamily 94%, commercial 53%) at March 31, 2025.
- Q4 2024 sale of 30 single-family lots in Windmill Farms for $1.4M contributed $1.1M gain on sale.