AMREP reports FQ2 results

• AMREP (NYSE:AXR): FQ2 GAAP EPS of $0.45.
• Revenue of $16.24M (+75.4% Y/Y)
• Press Release

Comments

[Wellington999]

They should have had a CC after this great report

[TheLMC]

@Wellington999 whats going to get the stock price higher though? Is the home building the key here?

[TheLMC]

@TheLMC not complaining though im in at 8 not even a year ago

[Wellington999]

@TheLMC They barely released the quarter so taking the street awhile to notice. They sold 14 acres for $580k an acre in the quarter plus some buildings they had plus more of the houses they are building themselves..so what are the other 17,000+ acres worth? LOL