earnings
confidence high
sentiment negative
materiality 0.65
Transcontinental Realty reports Q2 net loss of $1.1M vs prior year net income of $0.2M
TRANSCONTINENTAL REALTY INVESTORS INC
2026-Q2 EPS reported
-$0.11
revenue$25,207,000
- Net loss attributable to common shares of $1.1M ($0.13 per share) vs net income of $0.2M ($0.02 per share) in Q2 2025.
- Revenue increased $0.7M to $12.9M, driven by multifamily lease-up and higher commercial occupancy.
- Net operating loss widened to $2.3M from $0.8M, primarily due to $1.6M increase in operating expenses at lease-up properties.
- Stabilized property occupancy 81% (multifamily 93%, commercial 58%); development properties 77-86% occupied.
- Sold 21 lots from Windmill Farms for $1.0M, generating a gain on sale of $0.8M.