Amrep Q1 EPS $0.76 Up From $0.25 YoY, Sales $19.09M Up From $10.29M YoY
Portfolio Pulse from Benzinga Newsdesk
Amrep (NYSE:AXR) reported a significant increase in Q1 earnings and sales, with EPS rising 204% to $0.76 and sales up 85.55% to $19.09 million compared to the same period last year.
September 13, 2024 | 8:42 pm
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Amrep's Q1 earnings per share increased by 204% to $0.76, and sales rose by 85.55% to $19.09 million compared to the previous year, indicating strong financial performance.
The significant increase in both EPS and sales suggests strong operational performance and potential positive investor sentiment, likely leading to a short-term increase in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100