American Realty Investors Q2 EPS $0.07 Down From $0.11 YoY, Sales $11.77M Down From $12.24M YoY
Portfolio Pulse from Benzinga Newsdesk
American Realty Investors (NYSE:ARL) reported a 36.36% decrease in Q2 EPS to $0.07 from $0.11 YoY, and a 3.81% decrease in sales to $11.77M from $12.24M YoY.
August 08, 2024 | 4:16 pm
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American Realty Investors (NYSE:ARL) reported a significant decrease in both EPS and sales for Q2. EPS dropped by 36.36% to $0.07, and sales decreased by 3.81% to $11.77M compared to the same period last year.
The significant decrease in both EPS and sales is likely to negatively impact investor sentiment and the stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100