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AXR AMREP News Story

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IndustrialsAdventurousSmall CapSuper Stock

AMREP's Q3 revenue nearly doubles, profit rises sharply

Overview

US real estate developer's fiscal Q3 revenue increased 94% yr/yr

Fiscal Q3 net income and diluted EPS rose sharply from prior year

Outlook

Company did not provide specific guidance or outlook for future periods

Company press release: ID:nGNX1mMvzc

Key Details

MetricBeat/MissActualConsensus Estimate
Q3 EPS$0.58
Q3 Basic EPS$0.59
Analyst Coverage The one available analyst rating on the shares is "buy" The average consensus recommendation for the construction & engineering peer group is "buy" Wall Street's median 12-month price target for AMREP Corp is $23.00, about 2.5% below its March 11 closing price of $23.58 The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 11 three months ago For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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