AMREP FY27 Q1 net income drops 94.12% to $276,000; revenue falls 66.1% to $6.05 million - AXR News | RalliesAMREP FY27 Q1 net income drops 94.12% to $276,000; revenue falls 66.1% to $6.05 million
A
AXR• Quarterly variability noted
- The company flagged that results can vary sharply by quarter based on transaction timing and the type and location of land or homes sold.
Fiscal first-quarter results
- AMREP posted fiscal Q1 net income of $276,000, down 94.12% year over year, with diluted EPS of $0.05.
- Revenue fell 66.10% from a year earlier to $6.05 million.
•
