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Transcontinental Realty: 1Q Earnings Snapshot

DALLAS — Transcontinental Realty Investors Inc. (TCI) on Wednesday reported a loss of $5.6 million in its first quarter.

On a per-share basis, the Dallas-based company said it had a loss of 64 cents.

The real estate investor posted revenue of $11.9 million in the period.

Transcontinental Realty shares have climbed slightly more than 6% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $30.11, a decrease of 36% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TCI at https://www.zacks.com/ap/TCI

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