AMREP (AXR) Issues Quarterly Earnings Results
AMREP (NYSE:AXR) issued its quarterly earnings data on Tuesday. The business services provider reported $0.03 EPS for the quarter, Bloomberg Earnings reports. The business had revenue of $9.18 million during the quarter. AMREP had a net margin of 1.94% and a return on equity of 1.06%.
Shares of AMREP (NYSE AXR) traded down $0.05 during trading on Wednesday, hitting $6.99. 3,700 shares of the company traded hands, compared to its average volume of 9,595. The company has a market cap of $56.94, a price-to-earnings ratio of 63.99 and a beta of 0.31. AMREP has a 52 week low of $5.17 and a 52 week high of $7.65.
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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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