AMREP Corporation (AXR) Q1 FY2027 earnings

Reported results

• Revenues: $6,051,000 (Q1 2027) vs. $17,851,000 (Q1 2026)
• Net income (GAAP): $276,000 (Q1 2027) vs. $4,692,000 (Q1 2026)
• Diluted earnings per share (GAAP): $0.05 (Q1 2027) vs. $0.87 (Q1 2026)
• Basic earnings per share (GAAP): $0.05 (Q1 2027) vs. $0.88 (Q1 2026)
• Weighted average diluted shares outstanding: 5,393,000 (Q1 2027) vs. 5,375,000 (Q1 2026)

Notes

Company notes that revenues, average selling prices, and gross margins from land and home sales can vary significantly from period to period and prior results are not necessarily indicative of future periods.

Price and volatility reaction

Source

The figures above come from the earnings release the company filed with the SEC on 2026-09-11 (8-K, Item 2.02). Read the original filing on sec.gov.