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Stock impact report

AXR Stock Gains Following Q1 Earnings as Margins and Profit Strengthen [Yahoo! Finance]

AMREP Corporation (AXR) 
US:NYSE Investor Relations: amrepcorp.com/press.asp
Company Research Source: Yahoo! Finance
This compares with a 1.6% gain for the S&P 500 Index during the same period. Over the past month, the stock has risen 10.2% compared with the broader market's 2.9% growth. AXR's Financial Performance Overview For the first quarter of fiscal 2026, AMREP posted revenues of $17.9 million, a decline of 6.5% from $19.1 million in the prior-year period. Despite the top-line contraction, net income rose 15.5% year over year to $4.7 million from $4.1 million, reflecting stronger profitability. Diluted earnings per share came in at $0.87, up 14.5% from $0.76 a year ago. Segmentally, home sale revenues increased 6.4% year over year to $9.6 million on higher unit sales and pricing mix, while land sale revenues fell 19.8% year over year to $7.5 million due to lower volumes of developed residential lots sold. Other revenues, which include landscaping and miscellaneous services, inched up 4.9% year over year to $0.8 million. AMREP's Segmental Dynamics Land Development: Revenues dipped 19. Show less Read more
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