AMREP Reports Third Quarter Fiscal 2021 Results

PLYMOUTH MEETING, Pa., March 11, 2021 (GLOBE NEWSWIRE) -- AMREP Corporation (NYSE:AXR) today reported net income of $2,093,000, or $0.29 per share, for its 2021 fiscal third quarter ended January 31, 2021 compared to net income of $338,000, or $0.04 per share, for the same period of the prior year. For the first nine months of 2021, AMREP had net income of $3,484,000, or $0.44 per share, compared to a net loss of $2,027,000, or $0.25 per share, for the same period of 2020.

AMREP Corporation, through its subsidiaries, is a major holder of land and leading developer of real estate in New Mexico.        

FINANCIAL HIGHLIGHTS

	Three Months Ended January 31,
		2021			2020
Revenues	$	7,864,000		$	5,287,000
Net income (loss)	$	2,093,000		$	338,000
Income (loss) per share – basic	$	0.29		$	0.04
Income (loss) per share – diluted	$	0.28		$	0.04
Weighted average number of common shares outstanding – basic		7,343,000			8,138,000
Weighted average number of common shares outstanding – diluted		7,372,000			8,174,000

Nine Months Ended January 31,

AMREP Corporation NYSE:AXR AXR Rankings #4231 Ranked by Market Cap N/A Ranked by Dividends AXR Latest News Mar 8, 2024 AMREP Reports Third Quarter Fiscal 2024 Results Dec 11, 2023 AMREP Reports Second Quarter Fiscal 2024 Results Sep 13, 2023 AMREP Reports First Quarter Fiscal 2024 Results Jul 25, 2023 AMREP Reports Fiscal 2023 Results Mar 13, 2023 AMREP Reports Third Quarter Fiscal 2023 Results AXR Stock Data Market Cap 107.22M Float 3.06M Insiders Ownership 43.56% Institutions Ownership 44.3% Short Percent 0.48% Industry General Warehousing and Storage Sector Transportation and Warehousing Website Link Country United States of America City HAVERTOWN Explore About Rhea-AI Sitemap Legal Terms of Use Cookie Notice Privacy Policy Links RSS feed Patreon Discord Server Facebook Reddit © 2020-2024 StockTitan.net