American Realty Investors, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 7.57 million compared to USD 9.63 million a year ago. Revenue was USD 8.32 million compared to USD 10.49 million a year ago. Net income was USD 302.29 million compared to USD 19.41 million a year ago. Basic earnings per share from continuing operations was USD 18.72 compared to USD 1.2 a year ago. Diluted earnings per share from continuing operations was USD 18.72 compared to USD 1.2 a year ago.
For the nine months, sales was USD 22.31 million compared to USD 30.18 million a year ago. Revenue was USD 24.24 million compared to USD 33.43 million a year ago. Net income was USD 329.92 million compared to USD 10.15 million a year ago. Basic earnings per share from continuing operations was USD 20.43 compared to USD 0.63 a year ago. Diluted earnings per share from continuing operations was USD 20.43 compared to USD 0.63 a year ago.