AMREP Reports First Quarter Fiscal 2026 Results
AMREP Corporation (NYSE:AXR) reported its fiscal 2026 first quarter results, showing improved profitability despite lower revenues. The company achieved net income of $4.69 million ($0.87 per diluted share) for Q1 2026, up from $4.06 million ($0.76 per diluted share) in Q1 2025.
Revenues decreased to $17.85 million in Q1 2026 from $19.09 million in the same period last year. The company, a major landholder and real estate developer in New Mexico, noted that revenues and margins can vary significantly between periods due to factors including transaction timing and the type and location of properties being sold.
AMREP Corporation (NYSE:AXR) ha comunicato i risultati del primo trimestre fiscale 2026, mostrando un miglioramento della redditivit脿 nonostante ricavi inferiori. La societ脿 ha registrato un utile netto di 4,69 milioni di dollari (0,87 dollari per azione diluita) nel Q1 2026, rispetto a 4,06 milioni di dollari (0,76 dollari per azione diluita) nello stesso periodo del 2025.
I ricavi sono scesi a 17,85 milioni di dollari nel Q1 2026, rispetto a 19,09 milioni nello stesso trimestre dell鈥檃nno precedente. L鈥檃zienda, principale proprietaria di terreni e sviluppatrice immobiliare nel New Mexico, ha precisato che ricavi e margini possono variare notevolmente tra i periodi a causa di fattori quali il calendario delle operazioni e il tipo e la localizzazione delle propriet脿 vendute.
AMREP Corporation (NYSE:AXR) present贸 sus resultados del primer trimestre fiscal de 2026, mostrando una mayor rentabilidad a pesar de ingresos m谩s bajos. La compa帽铆a obtuvo un beneficio neto de 4,69 millones de d贸lares (0,87 d贸lares por acci贸n diluida) en el Q1 2026, frente a 4,06 millones de d贸lares (0,76 d贸lares por acci贸n diluida) en el Q1 2025.
Los ingresos se redujeron a 17,85 millones de d贸lares en el Q1 2026 desde 19,09 millones en el mismo periodo del a帽o anterior. La empresa, importante titular de terrenos y promotora inmobiliaria en Nuevo M茅xico, se帽al贸 que ingresos y m谩rgenes pueden variar significativamente entre periodos debido a factores como la calendarizaci贸n de las transacciones y el tipo y ubicaci贸n de las propiedades vendidas.
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AMREP Corporation (NYSE:AXR) a publi茅 ses r茅sultats du premier trimestre fiscal 2026, montrant une rentabilit茅 en hausse malgr茅 des revenus en baisse. La soci茅t茅 a r茅alis茅 un r茅sultat net de 4,69 millions de dollars (0,87 dollar par action dilu茅e) au T1 2026, contre 4,06 millions de dollars (0,76 dollar par action dilu茅e) au T1 2025.
Les revenus ont diminu茅 脿 17,85 millions de dollars au T1 2026, contre 19,09 millions au m锚me trimestre de l鈥檃nn茅e pr茅c茅dente. L鈥檈ntreprise, importante d茅tentrice de terrains et promotrice immobili猫re au Nouveau-Mexique, a indiqu茅 que les revenus et les marges peuvent varier fortement d鈥檜ne p茅riode 脿 l鈥檃utre en raison de facteurs tels que le calendrier des transactions et le type et l鈥檈mplacement des biens vendus.
AMREP Corporation (NYSE:AXR) ver枚ffentlichte die Ergebnisse f眉r das erste Quartal des Gesch盲ftsjahres 2026 und zeigte eine verbesserte Profitabilit盲t trotz niedrigerer Ums盲tze. Das Unternehmen erzielte im Q1 2026 einen Nettoertrag von 4,69 Millionen US-Dollar (0,87 US-Dollar je verw盲sserter Aktie), gegen眉ber 4,06 Millionen US-Dollar (0,76 US-Dollar je verw盲sserter Aktie) im Q1 2025.
Die Umsatzerl枚se sanken im Q1 2026 auf 17,85 Millionen US-Dollar von 19,09 Millionen im gleichen Zeitraum des Vorjahres. Das Unternehmen, ein gro脽er Fl盲cheneigent眉mer und Immobilienentwickler in New Mexico, wies darauf hin, dass Ums盲tze und Margen zwischen Perioden aufgrund von Faktoren wie dem Timing von Transaktionen sowie Art und Lage der verkauften Grundst眉cke stark schwanken k枚nnen.
- Net income increased 15.5% year-over-year to $4.69 million
- Earnings per diluted share grew 14.5% to $0.87
- Maintained strong profitability despite revenue decline
- Revenue decreased 6.5% year-over-year to $17.85 million
Insights
AMREP posted higher Q1 profits despite revenue decline, showing improved operational efficiency and profit margins.
AMREP Corporation's first quarter results show a 15.5% increase in net income to
The company's profit margin expansion is particularly noteworthy. While revenues declined from
As a major land developer and homebuilder in New Mexico, AMREP's results likely reflect local market conditions and specific project timing. The company itself acknowledges this variability in its disclaimer about how revenues, pricing, and margins can fluctuate significantly between periods due to the nature of real estate development and land sales.
The slight increase in outstanding shares (basic shares up from 5.31 million to 5.33 million) had minimal dilutive effect, and with earnings growth outpacing this small increase in share count, shareholders benefited from the improved financial performance.
HAVERTOWN, Pa., Sept. 09, 2025 (GLOBE NEWSWIRE) -- AMREP Corporation (NYSE:AXR) today reported net income of
More information about the Company鈥檚 financial performance may be found in AMREP Corporation鈥檚 financial statements on Form 10-Q which have today been filed with the Securities and Exchange Commission and will be available on AMREP鈥檚 website (www.amrepcorp.com/sec-filings/). As a result of many factors, including the nature and timing of specific transactions and the type and location of land or homes being sold, revenues, average selling prices and related gross margins from land sales or home sales can vary significantly from period to period and prior results are not necessarily a good indication of what may occur in future periods.
AMREP Corporation, through its subsidiaries, is a major holder of land, leading developer of real estate and award-winning homebuilder in New Mexico.听 听 听 听听
| FINANCIAL HIGHLIGHTS | ||||||
| 听 | 听 | 听 | ||||
| 听 | 听 | Three Months Ended July 31, | ||||
| 听 | 听 | 2025 | 听 | 2024 | ||
| Revenues | 听 | $ | 17,851,000 | 听 | $ | 19,091,000 |
| 听 | 听 | 听 | 听 | 听 | 听 | 听 |
| Net income | 听 | $ | 4,692,000 | 听 | $ | 4,064,000 |
| Earnings per share 鈥� basic | 听 | $ | 0.88 | 听 | $ | 0.77 |
| Earnings per share 鈥� diluted | 听 | $ | 0.87 | 听 | $ | 0.76 |
| 听 | 听 | 听 | 听 | 听 | 听 | 听 |
| Weighted average number of common shares outstanding 鈥� basic | 听 | 听 | 5,326,000 | 听 | 听 | 5,309,000 |
| Weighted average number of common shares outstanding 鈥� diluted | 听 | 听 | 5,375,000 | 听 | 听 | 5,353,000 |
| 听 | ||||||
| CONTACT: | Adrienne M. Uleau |
| 听 | Chief Financial Officer and Vice President |
| 听 | (610) 487-0907 |
FAQ
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