YahooSeptember 17, 2026 at 12:40 AM NYLast Month
AMREP (AXR) Revenue Fell 66%. Can Homebuilding Replace Lost Land Sales?
AMREP Corporation (NYSE:AXR) reported on September 11 that revenue fell 66% to $6.1 million for the fiscal first quarter ended July 31, 2026, from $17.9 million a year earlier. Net income dropped to $276,000 from $4.7 million. Land-sale revenue declined to $173,000 from $7.5 million, while home-sale revenue fell to $4.9 million from $9.6 million. […]
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