earnings
confidence high
sentiment neutral
materiality 0.60
TCI Q4 net income jumps to $8.3M ($0.97 EPS) driven by $28M property sale
TRANSCONTINENTAL REALTY INVESTORS INC
- Net income attributable to common shares: $8.3M ($0.97 diluted EPS) for Q4 2025 vs $0.1M ($0.01) in Q4 2024.
- Revenue rose $0.3M to $12.1M; net operating loss widened from $1.7M to $3.5M due to lease-up costs.
- Sold Villas at Bon Secour (200 units) for $28.0M; gain on sale of $12.2M; used proceeds to pay off $18.8M loan.
- Stabilized occupancy 81%: multifamily 93%, commercial 59% (excluding lease-up properties).