American Realty Investors Q1 EPS $0.11 Down From $0.18 YoY, Sales $11.90M Up From $11.69M YoY
Portfolio Pulse from Benzinga Newsdesk
American Realty Investors (NYSE:ARL) reported a decrease in Q1 EPS to $0.11 from $0.18 YoY, while sales slightly increased to $11.90M from $11.69M YoY.
May 09, 2024 | 9:49 pm
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American Realty Investors reported a 38.89% decrease in EPS to $0.11 from $0.18 YoY, with a slight sales increase to $11.90M from $11.69M YoY.
The significant decrease in EPS (38.89%) is likely to negatively impact investor sentiment towards ARL in the short term, despite the slight increase in sales. The drop in earnings per share is a critical metric for investors, often leading to a decrease in stock price as it reflects reduced profitability.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100