American Realty Investor Q1 Earnings, Revenue Fall From Year-Ago Levels

American Realty Investors (ARL) late Friday reported a $0.70 per share profit for its Q1 ended March 31, down compared with $1.12 per share during the same quarter last year, while revenue declined almost 34% year-over-year, falling to $7.8 million from $11.8 million during the year-ago period.

Analyst estimates were not available for comparison.