Overview

* Transcontinental Realty Q3 revenue rises to $12.8 mln, driven by higher commercial occupancy

* Net income for Q3 falls to $0.7 mln, down from $1.7 mln in 2024

* Company sold Villas at Bon Secour, using proceeds to pay off $18,767 loan

Outlook

* Transcontinental Realty Investors ( TCI ) did not provide specific future guidance in the statement

Result Drivers

* COMMERCIAL OCCUPANCY - Revenue increase driven by higher occupancy at Stanford Center

* NEW DEVELOPMENTS - Initial units from Alera, Bandera Ridge, and Merano received, starting lease-up process

* NET INCOME DECLINE - Decrease due to lower interest income and higher tax provision

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 $11.92

Rental mln

Revenues

Q3 Net $884,000

Income

Q3 -$1.40

Operatin mln

g Income

Q3 $7.55

Property mln

Operatin

g

Expenses

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)