Transcontinental Realty Investors Full Year 2024 Earnings: EPS: US$0.68 (vs US$0.69 in FY 2023)

Transcontinental Realty Investors (NYSE:TCI) Full Year 2024 Results

Key Financial Results

• Revenue: US$47.8m (down 6.3% from FY 2023).
• Net income: US$5.86m (down 1.3% from FY 2023).
• Profit margin: 12% (in line with FY 2023).
• EPS: US$0.68 (down from US$0.69 in FY 2023).

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All figures shown in the chart above are for the trailing 12 month (TTM) period

The primary driver behind last 12 months revenue was the Multifamily segment contributing a total revenue of US$34.1m (71% of total revenue). Notably, cost of sales worth US$27.1m amounted to 57% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to US$13.5m (52% of total expenses). Over the last 12 months, the company's earnings were enhanced by non-operating gains of US$10.9m. Explore how TCI's revenue and expenses shape its earnings.

Transcontinental Realty Investors shares are down 2.5% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We have a graphic representation of Transcontinental Realty Investors' balance sheet and an in-depth analysis of the company's financial position.

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