StockNews.AI
TCI
StockNews.AI
152 days

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

1. TCI reversed a $2.6 million loss to a $0.1 million gain. 2. Total occupancy increased to 81%, with 94% in multifamily properties.

Earnings
+0.36%Current Return
VS
-0.27%S&P 500
$27.903/20 05:42 PM EDTEvent Start
$2803/21 11:58 PM EDTLatest Updated
2m saved
Insight
Article

FAQ

Why Bullish?

The shift from a significant loss to a modest profit signals improved operational performance. Historical data show that profit revisions often positively impact stock prices.

How important is it?

Profitable reports after prior losses can drive increased investor confidence and buying. Positive occupancy trends further enhance this potential.

Why Short Term?

Immediate reporting of financials can quickly influence investor sentiment and trading activity. A positive earnings revision typically has short-term market effects.

Related Companies

BXPAVBESS
DALLAS--(BUSINESS WIRE)--Transcontinental Realty Investors, Inc. (NYSE:TCI) is reporting its results of operations for the three months ended December 31, 2024. For the three months ended December 31, 2024, we reported net income attributable to common shares of $0.1 million or $0.01 per diluted share, compared to a net loss of $2.6 million or $0.30 per diluted share for the same period in 2023. Financial Highlights Total occupancy was 81% at December 31, 2024, which includes 94% at our multifa.

Related News