AMREP Corp. Q2 net income drops 70% to USD 1.2 million
Reuters
Dec 13
AMREP Corp. Q2 net income drops 70% to USD 1.2 million
AMREP Corporation $(AXR)$ reported its financial results for the second quarter (Q2) and the first half $(HY)$ of fiscal 2026, ended October 31, 2025. For Q2 2026, revenues totaled USD 9.4 million. Net income for the period was USD 1.2 million, with diluted earnings per share of USD 0.22. For the first half of fiscal 2026, revenues amounted to USD 27.3 million and net income was USD 5.9 million. Diluted earnings per share for the half-year period stood at USD 1.09. Compared to the same periods in the previous year, AMREP Corporation recorded a significant decrease in net income and revenues for both Q2 and HY.
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