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AXR

AMREP Corporation · NYSE · Real Estate

Price$22.94-0.13% · −$0.03

Market cap121.7MEquity value

P / E21.2Trailing ratio

Volume13.66KLatest session

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AXRJul 24, 2024+1.26% since signal

AMREP (AXR) FY24 Earnings Decline, Revenues Record Improvement

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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