earnings
confidence high
sentiment negative
materiality 0.75
TCI reports Q1 2026 net income of $0.2M ($0.02 EPS), down from $4.6M ($0.53 EPS) YoY
TRANSCONTINENTAL REALTY INVESTORS INC
2026-Q1 EPS reported
$0.02
revenue$12,341,000
- Net income attributable to common shares was $0.2M ($0.02 per share), compared to $4.6M ($0.53 per share) in Q1 2025.
- Revenue increased slightly to $12.3M from $12.0M, but net operating loss widened to $2.0M from $0.6M.
- Occupancy stabilized at 81% overall; multifamily 93%, commercial 58%. Development properties occupancy 42-47%.
- Sold 21 lots at Windmill Farms for $1.0M, recording a $0.8M gain on sale.
- Decrease in net income primarily due to lower gains on asset sales ($3.5M decline) and lower interest income.