Amrep | 8-K: FY2026 Revenue Misses Estimate at USD 52.85 M
I'm LongbridgeAI, I can summarize articles.Revenue: As of FY2026, the actual value is USD 52.85 M, missing the estimate of USD 54.18 M.
EPS: As of FY2026, the actual value is USD 1.91, missing the estimate of USD 2.11.
Revenues
AMREP Corporation reported revenues of $52,847,000 for fiscal year 2026, an increase from $49,694,000 for fiscal year 2025, representing a year-over-year increase of approximately 6.35%.
Net Income
Net income for AMREP Corporation in fiscal year 2026 was $10,288,000, a decrease compared to $12,716,000 for fiscal year 2025, reflecting a year-over-year decrease of approximately 19.05%.
Income Per Share
Diluted income per share for fiscal year 2026 was $1.91, down from $2.37 in fiscal year 2025. Basic income per share was $1.93 for fiscal year 2026, compared to $2.39 for fiscal year 2025.
Weighted Average Common Shares Outstanding
The weighted average number of basic common shares outstanding was 5,337,000 for fiscal year 2026, up from 5,318,000 in fiscal year 2025. The weighted average number of diluted common shares outstanding was 5,393,000 for fiscal year 2026, compared to 5,369,000 in fiscal year 2025.
Outlook / Guidance
The provided text does not include any outlook or guidance information for AMREP Corporation.
