Frp Hldgs Inc Stock Price, News & Analysis

FRP Holdings, Inc. (NASDAQ: FRPH) will release its first-quarter earnings results on May 3, 2021, followed by a conference call on May 4 at 10:00 a.m. EDT. Investors can join the call via phone or online streaming. The company operates in real estate, focusing on leasing and management of commercial and residential properties, as well as mining royalty land. Investors should be aware that future statements are subject to risks including market conditions, competition, and the effects of the COVID-19 pandemic.

FRP Holdings reported a net income of $393,000 ($0.04 per share) for Q4 2020, down from $2.45 million ($0.25 per share) in Q4 2019. The decline was due to increased operating expenses and a significant rise in losses from joint ventures, notably at projects like The Maren and Bryant Street. The company completed construction on The Coda and purchased 55 acres for future industrial development in Aberdeen, MD. Despite the challenges, revenues in the Mining Royalty Lands Segment reached $2.38 million, showing growth year-over-year.

FRP Holdings, Inc. (NASDAQ: FRPH) plans to announce its fourth-quarter and year-end earnings on March 1, 2021. A conference call will follow on March 4, 2021, at 9:00 a.m. EST, where analysts and stockholders can participate. The company operates in various real estate segments, including leasing and managing commercial properties and residential buildings. Investors are warned about potential risks such as the impact of Covid-19, market conditions, and the demand for properties in its operational areas.

FRP Holdings, Inc. (NASDAQ-FRPH) reported a significant increase in net income for Q3 2020, reaching $5,455,000 or $0.57 per share, compared to $2,001,000 or $0.20 per share in Q3 2019. Key factors included a $5.7 million gain from property sales and improved performance in its Asset Management Segment, with revenues up 67.7%. However, losses from joint ventures increased by $1.04 million mainly due to the Maren's leasing challenges. Overall, continuing operations income rose 66% despite a drop in net operating income at Dock 79 and the impact of the COVID-19 pandemic on retail tenants.

FRP Holdings, Inc. (NASDAQ: FRPH) plans to release its third-quarter earnings on November 4, 2020, followed by a conference call on November 5, 2020, at 9:00 a.m. (EST). The company, primarily involved in real estate, engages in leasing and managing commercial properties, mining royalty land, and residential buildings. Investors are advised that forward-looking statements involve risks such as the effects of the Covid-19 pandemic, property demand fluctuations, and uncertainties in financing and leasing activities. Detailed earnings and future prospects will be discussed in the upcoming conference call.

FRP Holdings, Inc. (FRPH) reported a net income of $4.15 million or $0.43 per share for Q2 2020, down from $9.83 million or $0.99 per share in Q2 2019. Key impacts included a rise in corporate stock compensation expenses and increased losses from joint ventures, primarily due to the Bryant Street project. The company gained $3.59 million from sales at Lakeside Business Park. Despite challenges from the COVID-19 pandemic affecting retail tenants, asset management revenues increased by 8.2%. Notably, the company repurchased 298,303 shares at an average cost of $41.41 each.

FRP Holdings, Inc. (NASDAQ: FRPH) will announce its second-quarter earnings results on August 5, 2020. A conference call to discuss the results will be held on August 6, 2020, at 10:00 a.m. EDT, accessible via phone or live streaming on the company’s website. FRP Holdings engages in real estate management and development, including commercial properties, mining royalty lands, and residential buildings. The company cautions investors about risks tied to COVID-19, market conditions, and operational challenges that could affect future performance.

FRP Holdings, Inc. (NASDAQ-FRPH) reported a first-quarter net income of $1.618 million ($0.15 per share), down from $1.898 million ($0.19 per share) year-over-year. The decline in income was affected by corporate expense stock compensation rising to $601,000 and increased losses in joint ventures. Total revenues from the Asset Management Segment rose 1.7% to $652,000, while Mining Royalty Lands Segment revenues decreased to $2.185 million. The company indicated that COVID-19 adversely impacts some tenants, particularly in retail, and negotiations for rent adjustments are ongoing. Despite challenges, the company maintains a strong balance sheet.

FRP Holdings, Inc. (NASDAQ: FRPH) will release its first-quarter earnings results on May 6, 2020, and hold a conference call on May 7, 2020, at 10 a.m. EDT. The company specializes in leasing and managing commercial properties, as well as real estate development. Investors are warned about potential risks, including the Covid-19 impact on operations, challenges in property financing, and competition in the real estate market. The company intends to provide an update on its financial performance and future outlook during the upcoming calls.