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FRP Holdings, Inc. Reports Fiscal 2025 Second Quarter Results

1. FRPH's net income fell 72%, attributed to legal expenses. 2. Pro rata NOI rose 5%, with a 1% increase in Multifamily segment.

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$24.7508/07 11:18 PM EDTLatest Updated
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FAQ

Why Bearish?

The significant drop in net income could signal underlying financial issues. Historical patterns show that sustained decreases in earnings can lead to negative market reactions.

How important is it?

Earnings impacts are crucial to stock valuation, and the reported drop could distress investors, impacting share price.

Why Short Term?

Investors are likely to react quickly to disappointing earnings. Similar scenarios have led to immediate stock price drops in the past.

JACKSONVILLE, FL / ACCESS Newswire / August 6, 2025 / FRP Holdings, Inc. (NASDAQ:FRPH), a full-service real estate investment and development company with four distinct business segments including Multifamily, Industrial and Commercial Development, Mining and Royalty Lands, today reported financial results for the quarter ended June 30, 2025. Second Quarter Highlights and Recent Developments 72% decrease in Net Income ($0.6 million vs $2.0 million) due largely to legal expenses related to due diligence for a potential investment the company is evaluating, as well as lower Net Interest Income offset by higher mining royalties and improved results in Equity in Loss of Joint Ventures 5% increase in pro rata NOI ($9.7 million vs $9.2 million) 1% increase in the Multifamily segment's pro rata NOI primarily due to improved occupancy of The Verge and Dock 79.

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