BBX Capital, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 15, 2021 at 09:33 pm
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BBX Capital, Inc. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was USD 89.3 million compared to USD 40.66 million a year ago. Revenue was USD 91.79 million compared to USD 42.21 million a year ago. Net income was USD 19.19 million compared to net loss of USD 8.25 million a year ago. Basic earnings per share from continuing operations was USD 1.13 compared to basic loss per share from continuing operations of USD 0.43 a year ago. Basic earnings per share was USD 1.13 compared to basic loss per share of USD 0.43 a year ago.
For the nine months, sales was USD 207.67 million compared to USD 113.88 million a year ago. Revenue was USD 215.38 million compared to USD 116.99 million a year ago. Net income was USD 41.66 million compared to net loss of USD 38.83 million a year ago. Basic earnings per share from continuing operations was USD 2.27 compared to basic loss per share from continuing operations of USD 2.01 a year ago. Basic earnings per share was USD 2.27 compared to basic loss per share of USD 2.01 a year ago.
BBX Capital, Inc. is a diversified holding company. The Company's principal holdings include BBX Capital Real Estate LLC, BBX Sweet Holdings, LLC and Renin Holdings, LLC (Renin). BBX Capital Real Estate LLC is engaged in the acquisition, development, construction, ownership, financing and management of real estate and investments in real estate joint ventures, including investments in multifamily rental apartment communities, single-family master-planned for sale housing communities, warehouse and logistics facilities, and commercial properties located primarily in Florida. BBX Sweet Holdings, LLC is engaged in the ownership and management of operating businesses in the confectionery industry, including ITâSUGAR, a specialty candy retailer. Renin is engaged in the designing, manufacturing and distribution of sliding doors, door systems and hardware, and home decor products. In addition to its own manufacturing activities, Renin also sources various products and raw materials.
BBX CAPITAL, INC. 
