AMREP Corporation (AXR)
AXR Price and Sentiment
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AMREP Reports First Quarter Fiscal 2022 Results
2021-09-14 16:55HAVERTOWN, Pa., Sept. 14, 2021 (GLOBE NEWSWIRE) -- AMREP Corporation (NYSE:AXR) today reported net income of $1,637,000, or $0.22 per diluted share, for its 2022 fiscal first quarter ended July 31, 2021 compared to net income of $593,000, or $0.07 per diluted share, for the same period of the prior year. Revenues were $10,507,000 for the first quarter of 2022 and $4,206,000 for the first quarter of 2021.
AMREP Reports Fiscal 2021 Results
2021-07-27 17:34PLYMOUTH MEETING, Pa., July 27, 2021 (GLOBE NEWSWIRE) -- AMREP Corporation (NYSE: AXR) today reported net income of $7,392,000, or $0.95 per diluted share, for its 2021 fiscal year ended April 30, 2021 compared to a net loss of $5,903,000, or $0.73 per share, for the prior year. Revenues were $40,069,000 for fiscal 2021 and $18,783,000 for fiscal 2020.
AMREP ANNOUNCES APPOINTMENT OF CHRISTOPHER VITALE AS A DIRECTOR
2021-07-13 17:06PLYMOUTH MEETING, Pa., July 13, 2021 (GLOBE NEWSWIRE) -- AMREP Corporation (NYSE: AXR) today announced that Christopher V. Vitale has been appointed as a director of AMREP. Mr. Vitale is AMREP's Chief Executive Officer and President.
AMREP Reports Third Quarter Fiscal 2021 Results
2021-03-11 16:52PLYMOUTH 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 Reports Second Quarter Fiscal 2021 Results
2020-12-08 16:53PLYMOUTH MEETING, Pa., Dec. 08, 2020 (GLOBE NEWSWIRE) -- AMREP Corporation (NYSE: AXR) today reported net income of $798,000, or $0.10 per share, for its 2021 fiscal second quarter ended October 31, 2020 compared to a net loss of $2,169,000, or $0.27 per share, for the same period of the prior year. For the first six months of 2021, AMREP had net income of $1,391,000, or $0.17 per share, compared to a net loss of $2,365,000, or $0.29 per share, for the same period of 2020. During the second quarter of 2020, AMREP recognized a non-cash pre-tax settlement charge of $2,929,000 due to AMREP's defined benefit pension plan paying certain lump sum payouts of pension benefits to former employees.
AMREP: Over 90% Upside With $24 Million In Hidden Assets Held For Sale And New Homebuilding Unit
2020-12-02 12:31AMREP is a major land owner in the city of Rio Rancho, New Mexico, owning over 18,000 acres of land with a book value of $60 million. AMREP recently launched a homebuilding subsidiary which will help unlock the massive land bank the Company owns and provide incremental cash flows for years to come.
Why Gate City Capital Believes Amrep Is Undervalued
2020-11-04 12:27Gate City Capital is a value fund focused on micro-caps. They own ~18% of Amrep.
AMREP Reports First Quarter Fiscal 2021 Results and Announces Director Resignation
2020-09-09 17:10PLYMOUTH MEETING, Pa., Sept. 09, 2020 (GLOBE NEWSWIRE) -- AMREP Corporation (NYSE: AXR) today reported net income of $593,000, or $0.07 per share, for its 2021 fiscal first quarter ended July 31, 2020 compared to a net loss of $196,000, or $0.02 per share, for the same period of the prior year.
AMREP Reports Fiscal 2020 Results
2020-07-27 06:12PLYMOUTH MEETING, Pennsylvania, July 27, 2020 (GLOBE NEWSWIRE) -- AMREP Corporation (NYSE: AXR) today reported a net loss of $5,903,000, or $0.73 per share, for its 2020 fiscal year ended April 30, 2020 compared to net income of $1,527,000, or $0.19 per share, for the prior year.
AMREP Reports First Quarter Fiscal 2020 Results
2019-09-11 16:40PLYMOUTH MEETING, Pa., Sept. 11, 2019 (GLOBE NEWSWIRE) -- AMREP Corporation (NYSE: AXR) today reported a net loss of $196,000, or $0.02 per share, for its 2020 fiscal first quarter ended July 31, 2019 compared to net income of $61,000, or $0.01 per share, for the same period of the prior year.