AMREP Corporation (AXR) News
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AXR News Highlights
- AXR's 30 day story count now stands at 2.
- Over the past 9 days, the trend for AXR's stories per day has been choppy and unclear. It has oscillated between 1 and 1.
Latest AXR News From Around the Web
Below are the latest news stories about AMREP CORP that investors may wish to consider to help them evaluate AXR as an investment opportunity.
AMREP Reports First Quarter Fiscal 2024 ResultsHAVERTOWN, Pa., Sept. 13, 2023 (GLOBE NEWSWIRE) -- AMREP Corporation (NYSE:AXR) today reported net income of $1,346,000, or $0.25 per diluted share, for its 2024 fiscal first quarter ended July 31, 2023 compared to net income of $1,912,000, or $0.36 per diluted share, for the same period of the prior year. Revenues were $10,289,000 for the first quarter of 2024 and $10,707,000 for the first quarter of 2023. More information about the Company’s financial performance may be found in AMREP Corporat |
Positive Signs As Multiple Insiders Buy AMREP StockWhen a single insider purchases stock, it is typically not a major deal. However, when multiple insiders purchase... |
AMREP's (NYSE:AXR) investors will be pleased with their impressive 253% return over the last three yearsIt might seem bad, but the worst that can happen when you buy a stock (without leverage) is that its share price goes... |
AMREP Reports Fiscal 2023 ResultsHAVERTOWN, Pa., July 25, 2023 (GLOBE NEWSWIRE) -- AMREP Corporation (NYSE:AXR) today reported net income of $21,790,000, or $4.11 per diluted share, for its 2023 fiscal year ended April 30, 2023 compared to net income of $15,862,000, or $2.21 per diluted share, for the same period of the prior year. Revenues were $48,676,000 for fiscal 2023 and $58,926,000 for fiscal 2022. AMREP’s results for 2023 included a non-cash income tax benefit of $14,149,000 primarily due to a worthless stock deduction |
AMREP Corporation (NYSE:AXR) has caught the attention of institutional investors who hold a sizeable 41% stakeKey Insights Given the large stake in the stock by institutions, AMREP's stock price might be vulnerable to their... |
AMREP Third Quarter 2023 Earnings: EPS: US$3.14 (vs US$0.12 in 3Q 2022)AMREP ( NYSE:AXR ) Third Quarter 2023 Results Key Financial Results Revenue: US$9.12m (down 2.9% from 3Q 2022). Net... |
AMREP Reports Third Quarter Fiscal 2023 ResultsHAVERTOWN, Pa., March 13, 2023 (GLOBE NEWSWIRE) -- AMREP Corporation (NYSE:AXR) today reported net income of $16,574,000, or $3.12 per diluted share, for its 2023 fiscal third quarter ended January 31, 2023 compared to net income of $910,000, or $0.12 per diluted share, for the same period of the prior year. For the first nine months of 2023, AMREP had net income of $22,107,000, or $4.17 per diluted share, compared to net income of $5,873,000, or $0.80 per diluted share, for the same period of 2 |
AMREP Reports Second Quarter Fiscal 2023 ResultsHAVERTOWN, Pa., Dec. 12, 2022 (GLOBE NEWSWIRE) -- AMREP Corporation (NYSE:AXR) today reported net income of $3,621,000, or $0.68 per diluted share, for its 2023 fiscal second quarter ended October 31, 2022 compared to net income of $3,326,000, or $0.45 per diluted share, for the same period of the prior year. For the first six months of 2023, AMREP had net income of $5,533,000, or $1.04 per diluted share, compared to net income of $4,963,000, or $0.67 per diluted share, for the same period of 20 |