AXR Stock Dips After Reporting Q2 Earnings, Revenues Surge Y/Y
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AMREP Corporation (AXR) reported strong revenue growth in Q2 fiscal 2025, driven by robust land and home sales. However, rising costs and market challenges have negatively impacted the stock price.
December 18, 2024 | 5:00 pm
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AMREP Corporation reported strong revenue growth in Q2 fiscal 2025 due to land and home sales. Despite this, rising costs and market challenges have led to a dip in the stock price.
The strong revenue growth indicates positive sales performance, but the mention of rising costs and market challenges suggests potential profitability issues, leading to a negative short-term impact on the stock price.
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