IOR Q1 2024 net income rises to $1.2M ($0.29 diluted EPS) from $1.1M ($0.25) YoY

INCOME OPPORTUNITY REALTY INVESTORS INC /TX/

2024-Q1 EPS reported $0.29

Net income attributable to common shares was $1.2 million, up from $1.1 million in Q1 2023.
Diluted EPS of $0.29 versus $0.25 in the prior-year quarter.
Increase driven by lower general, administrative and advisory costs, partially offset by decreased interest income.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

INCOME OPPORTUNITY REALTY INVESTORS INC /TX/ reported the quarter ended March 31, 2024 results: net income $1.2 million, EPS $0.29 per diluted share.

Period: the quarter ended March 31, 2024
Net income: $1.2 million
EPS: $0.29 per diluted share
Result: reported results

Exact text from the filing

For the three months ended March 31, 2024, we reported net income attributable to common shares of $1.2 million or $0.29 per diluted share compared to a net income of $1.1 million or $0.25 per share for the same period in 2023.

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Source: SEC EDGAR

accession 0001999371-24-005871

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