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0.0190964777947932 0.0190964777947932 0.00957120980091884 -0.00267993874425728 0.00689127105666155 0.000382848392036813 0.000382848392036813 0.000382848392036813
Stock impact report

AXR Stock Flat Despite Q1 Earnings Surge, Improvement in Revenues [Yahoo! Finance]

AMREP Corporation (AXR) 
US:NYSE Investor Relations: amrepcorp.com/press.asp
Company Research Source: Yahoo! Finance
AMREP's Revenues in Detail AMREP registered revenues of $19.1 million for first-quarter fiscal 2025, up 85.5% year over year. Solid revenues from its revenue sources boosted the top line. Shares of this company were flat in after-hours trading. AXR's Segment Details AMREP derives revenues from three sources — Land sale revenues, Home sale revenues and Other revenues. For the fiscal first quarter, which ended on July 31, 2024, Land sale revenues were $9.3 million, up 40.4% year over year. This primarily resulted from an increase in revenues from the sale of developed residential land and undeveloped land, partially offset by a decrease in revenues from the sale of commercial developed land. The Home sale revenues totaled $8.9 million in the fiscal first quarter, up 164.3% year over year. The uptick was primarily the result of an increase in the number of homes sold. The change in average selling prices for the three months ended July 31, 2024, compared with the prior per Show less Read more
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