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Income Opportunity Realty Investors, Inc. Reports Earnings for Quarter Ended December 31, 2024

1. IOR reported net income drop to $1.1 million from $2.5 million year-over-year. 2. The decrease is mainly due to reduced interest income.

Earnings
+0.86%Current Return
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-0.27%S&P 500
$17.3503/20 05:42 PM EDTEvent Start
$17.503/22 12:00 AM EDTLatest Updated
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FAQ

Why Bearish?

The significant drop in net income indicates financial strain, reminiscent of trends seen during economic downturns affecting investor confidence in similar firms.

How important is it?

The substantial decrease in net income directly affects IOR's financial health, influencing investor trust and stock performance.

Why Short Term?

The immediate impact of decreased earnings will likely affect investor sentiment, but recovery is possible depending on market conditions and interest rates.

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DALLAS--(BUSINESS WIRE)--Income Opportunity Realty Investors, Inc. (NYSE American:IOR) is reporting its results of operations for the quarter ended December 31, 2024. For the three months ended December 31, 2024, we reported net income attributable to common shares of $1.1 million or $0.27 per diluted share compared to a net income of $2.5 million or $0.60 per share for the same period in 2023. Our decrease in net income is attributable to a decrease in interest income, offset in part by an inc.

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