AMREP Corporation Reports 6% Decline in Total Revenues and 15% Increase in Net Income for Q3 2025

Reuters
2025/09/10
AMREP Corporation Reports 6% Decline in Total Revenues and 15% Increase in Net Income for Q3 2025

AMREP Corporation has released its quarterly results for the period ending July 31, 2025. The company, involved primarily in land development and homebuilding, reported a significant variation in its sales and revenues compared to the previous period. However, specific figures for sales/revenues, net income, and earnings per share $(EPS)$ were not disclosed in the report. The company has outlined its future outlook, indicating that it expects variations in land sale revenues during 2025 and 2026. The management highlighted a backlog of homes under contract and in production, as well as the anticipated dollar amount of sales revenues upon the closing of these homes. Additionally, AMREP Corporation mentioned plans related to the timing of recognizing unrecognized compensation expenses associated with shares of common stock issued under the AMREP Corporation 2016 Equity Compensation Plan. The report also touched upon the future issuance of deferred stock units to the company's directors and the potential dilution to earnings per share that could result from unvested shares of restricted common stock or shares issuable upon the exercise of stock options. The company emphasized its focus on managing future business conditions, which will play a crucial role in shaping its performance in the coming periods.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AMREP Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001410578-25-001940), on September 09, 2025, and is solely responsible for the information contained therein.

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