American Realty Investors swings to Q2 net income of $16.3M from $27.3M loss

AMERICAN REALTY INVESTORS INC

2022-Q2 EPS reported $1.71 revenue$15,916,000

Net income attributable to company of $16.3M ($1.01 diluted EPS) vs net loss of $27.3M (-$1.69) in Q2 2021.
Rental revenues fell 28% to $7.3M from $10.2M, driven by property sales (600 Las Colinas, Toulon).
Net operating loss improved to $3.0M from $8.8M, aided by lower legal costs and property sale gains.
Total occupancy 90% (93% multifamily, 69% commercial); rent collection 97% overall.
Net income boost benefited from $18.9M gain on foreign currency transactions due to USD/ILS rate changes.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.