AMREP Corporation (AXR) Announces Quarterly Earnings Results
AMREP Corporation (NYSE:AXR) issued its quarterly earnings data on Wednesday. The business services provider reported $0.18 earnings per share for the quarter, Bloomberg Earnings reports. The firm had revenue of $11.33 million for the quarter. AMREP Corporation had a negative net margin of 0.04% and a positive return on equity of 0.10%.
AMREP Corporation (NYSE AXR) opened at 6.99 on Thursday. The company’s 50-day moving average is $6.92 and its 200-day moving average is $6.56. The stock’s market capitalization is $56.29 million. AMREP Corporation has a 12 month low of $5.17 and a 12 month high of $8.14.
Separately, TheStreet upgraded shares of AMREP Corporation from a “d+” rating to a “c” rating in a research report on Thursday, June 8th.
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AMREP Corporation Company Profile
Amrep Corporation is a holding company. The Company, through its subsidiaries, operates through two segments: real estate operations and fulfillment services. The Company conducts its real estate business through AMREP Southwest Inc (AMREP Southwest) and its subsidiaries, with its activities occurring primarily in the City of Rio Rancho and certain adjoining areas of Sandoval County, New Mexico.
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