Quarterly ResultJul 24, 2026, 04:36 PM
AMREP Fiscal 2026 Net Income $10.29M, EPS $1.91; Revenue $52.85M
AI Summary
AMREP Corporation reported its financial results for the fiscal year ended April 30, 2026. The company's net income decreased to $10,288,000, or $1.91 per diluted share, compared to $12,716,000, or $2.37 per diluted share, in the prior fiscal year. Despite the decline in net income, revenues for fiscal 2026 increased to $52,847,000 from $49,694,000 in fiscal 2025. The company noted that results from land and home sales can vary significantly between periods.
Key Highlights
- Fiscal 2026 net income was $10,288,000, down from $12,716,000 in fiscal 2025.
- Diluted earnings per share for fiscal 2026 were $1.91, compared to $2.37 in fiscal 2025.
- Revenues for fiscal 2026 increased to $52,847,000 from $49,694,000 in fiscal 2025.
- Basic income per share was $1.93 for fiscal 2026, down from $2.39 in fiscal 2025.
- Weighted average diluted shares outstanding were 5,393,000 in fiscal 2026.
Price Impact
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