FRP Holdings Q2 GAAP EPS $0.11 Up From $0.03 YoY, Sales $10.48M Down From $10.70M YoY
Portfolio Pulse from Benzinga Newsdesk
FRP Holdings (NASDAQ:FRPH) reported Q2 GAAP EPS of $0.11, a 266.67% increase from $0.03 YoY, with sales of $10.48M, a 2.05% decrease from $10.70M YoY.
August 07, 2024 | 8:05 pm
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FRP Holdings reported a significant increase in Q2 GAAP EPS to $0.11 from $0.03 YoY, despite a slight decrease in sales to $10.48M from $10.70M YoY.
The significant increase in EPS indicates improved profitability, which is a positive signal for investors. The slight decrease in sales is less concerning given the substantial EPS growth.
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