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Public signal · 1-minute delayed
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What happened, with direct paths to the underlying reporting
AMREP's EPS fell 69.6% in fiscal 2024. Revenues increased 5.5% year over year, totaling $51.4 million. Land sale revenues dropped 12.5%, impacting overall profitability. Home sale revenues rose 2.9%, offset by lower average prices. Gross margins for land and home sales contracted in fiscal 2024.
- AMREP's EPS fell 69.6% in fiscal 2024.
- Revenues increased 5.5% year over year, totaling $51.4 million.
- Land sale revenues dropped 12.5%, impacting overall profitability.
- Home sale revenues rose 2.9%, offset by lower average prices.
- Gross margins for land and home sales contracted in fiscal 2024.
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