Q1 FY2027 EarningsQ1 FY27 results significantly missed consensus across all primary financial metrics as land development revenue collapsed. Total revenue of $6.05M missed the $14.27M estimate by 57.6%, driven by a 98% YoY decline in land sales. Diluted EPS of $0.05 fell sharply short of the $0.44 consensus. Management warned of continued headwinds in land development, projecting significantly reduced developed residential land revenues for the remainder of FY27.