Transcontinental Inc. (OTCPK:TCLAF) Q2 2025 Earnings Conference Call June 5, 2025 8:00 AM ET Company Participants Donald LeCavalier - Executive VP & CFO Thomas Gaston-Louis Morin - President & CEO Yan Lapointe - Director of Investor Relations & Treasury Conference Call Participants Adam Shine - National Bank Financial, Inc., Research Division David John McFadgen - Cormark Securities Inc., Research Division Drew McReynolds - RBC Capital Markets, Research Division Hamir Patel - CIBC Capital Markets, Research Division Kasia Trzaski Kopytek - TD Cowen, Research Division Maher Yaghi - Scotiabank Global Banking and Markets, Research Division Stephen MacLeod - BMO Capital Markets Equity Research Operator Welcome to the TC Transcontinental Second Quarter Fiscal Year 2025 Results Conference Call. [Operator Instructions] As a reminder, this conference is being recorded today, June 5, 2025.
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.
Transcontinental Inc. (OTCPK:TCLAF) Q1 2025 Earnings Conference Call March 11, 2025 4:30 PM ET Company Participants Yan Lapointe - Senior Director, Investor Relations and Treasury Thomas Morin - President and CEO Donald LeCavalier - Executive Vice President and CFO Conference Call Participants Hamir Patel - CIBC Capital Markets Adam Shine - National Bank Financial Sean Stewart - TD Cowen Maher Yaghi - Scotiabank Stephen MacLeod - BMO Capital Markets Drew McReynolds - RBC Martin Kim - Cormark Securities Operator Welcome to the TC Transcontinental First Quarter Fiscal Year 2025 Results Conference Call. During the presentation, all participants will be in listen-only mode.
MONTRÉAL, March 11, 2025 (GLOBE NEWSWIRE) -- Transcontinental Inc. (TSX: TCL.A TCL.B) held its Annual Meeting of Shareholders today. All of the candidates proposed as directors were elected by a majority of the votes cast by the shareholders present or represented by proxy at the meeting as follows:
Highlights Revenues of $643.0 million for the quarter ended January 26, 2025; operating earnings of $88.7 million; and net earnings attributable to shareholders of the Corporation of $55.6 million ($0.66 per share). Adjusted operating earnings before depreciation and amortization(1) of $97.5 million for the quarter ended January 26, 2025; adjusted operating earnings(1) of $59.6 million; and adjusted net earnings attributable to shareholders of the Corporation(1) of $41.5 million ($0.49 per share).
MONTREAL, Feb. 25, 2025 (GLOBE NEWSWIRE) -- On Tuesday, March 11, 2025, Transcontinental Inc. (TSX : TCL.A TCL.B) will hold virtually its Annual General Meeting of shareholders at 2:00 PM. For those who are unable to attend, a recording of the meeting will be accessible as of March 12, 2025, in the “Presentations and events” page of the Investors section of Corporation's website at www.tc.tc
DALLAS--(BUSINESS WIRE)--Transcontinental Realty Investors, Inc. (NYSE: TCI) announced today that at the extended scheduled expiration time on January 29, 2025 at 5 pm local New York City time, the Depositary for the previously announced tender offer to purchase up to 100,000 shares of common stock, par value $0.01 per share (the “Shares”) of Income Opportunity Realty Investors, Inc. (NYSE American: IOR) for $18 per Share, net to the seller in cash without interest and less any required withhol.
DALLAS--(BUSINESS WIRE)--Transcontinental Realty Investors, Inc. (NYSE: TCI) announced today that as of the initial scheduled expiration time on January 15, 2025 at 5 pm local New York City time the Depositary for the previously announced tender offer to purchase up to 100,000 shares of common stock, par value $0.01 per share (the “Shares”) of Income Opportunity Realty Investors, Inc. (NYSE American: IOR) for $18 per Share, net to the seller in cash without interest and less any required withho.
DALLAS--(BUSINESS WIRE)--Transcontinental Realty Investors, Inc. (NYSE: TCI) announced today that it had extended the expiration date and time of the previously announced limited tender offer to purchase shares of common stock, par value $0.01 per share (the “Shares”) of Income Opportunity Realty Investors, Inc. (NYSE American: IOR) for $18 per shares, net to the seller in cash without interest and less any required withholding taxes (the “Offer”) to 5:00 o'clock p.m. New York City time on Wedn.
DALLAS--(BUSINESS WIRE)--Transcontinental Realty Investors, Inc. (“NYSE:TCI”) is commencing today a cash tender offer to purchase up to 100,000 outstanding shares of common stock of Income Opportunity Realty Investors, Inc. (“NYSE American:IOR”). Upon the successful closing of the tender offer, stockholders of IOR will receive $18.00 in cash for each share of IOR common stock validly tendered and not validly withdrawn in the offer, without interest and less any applicable withholding taxes. The.
Transcontinental Inc. (OTCPK:TCLAF) Q4 2024 Results Conference Call December 12, 2024 8:00 AM ET Company Participants Yan Lapointe - Director of Investor Relations and Treasury Thomas Morin - President and Chief Executive Officer Donald LeCavalier - Executive Vice President and Chief Financial Officer Conference Call Participants Adam Shine - National Bank Financial Maher Yaghi - Scotiabank Stephen MacLeod - BMO Capital Markets David McFadgen - Cormark Securities Drew McReynolds - RBC Operator Welcome to the TC Transcontinental Fourth Quarter and Fiscal Year 2024 Results Conference Call. During the presentation, all participants are in a listen-only mode.
Highlights Revenues of $749.3 million for the quarter ended October 27, 2024; operating earnings of $79.3 million; and net earnings attributable to shareholders of the Corporation of $47.9 million ($0.57 per share). Adjusted operating earnings before depreciation and amortization(1) of $142.2 million for the quarter ended October 27, 2024; adjusted operating earnings(1) of $105.1 million; and adjusted net earnings attributable to shareholders of the Corporation(1) of $67.3 million ($0.79 per share).