Amrep Corp (AXR) 5.34 $AXR
AMREP Reports Fiscal 2016 Results
PR Newswire - Fri Jul 29, 3:20PM CDT
AMREP Corporation (the "Company"
(NYSE: AXR) today reported a net loss of $10,224,000, or $1.27 per share, for its 2016 fiscal year ended April 30, 2016 compared to net income of $11,320,000, or $1.43 per share, in 2015. Results for 2016 were solely from continuing operations. Results for 2015 consisted of (i) a net loss from continuing operations of $3,584,000, or $0.45 per share, and (ii) net income from discontinued operations of $14,904,000, or $1.88 per share. Revenues for 2016 were $41,664,000 compared to $49,790,000 in 2015.
AXR: 5.34 (-0.11)
34.8% Return Seen to Date on SmarTrend Amrep Call (AXR)
Comtex SmarTrend(R) - Thu Jul 28, 12:29AM CDT
SmarTrend identified an Uptrend for Amrep (NYSE:AXR) on March 17th, 2016 at $4.19. In approximately 4 months, Amrep has returned 34.84% as of today's recent price of $5.65.
AXR: 5.34 (-0.11)
Amrep Up 21.2% Since SmarTrend Uptrend Call (AXR)
Comtex SmarTrend(R) - Wed Jul 13, 1:27AM CDT
SmarTrend identified an Uptrend for Amrep (NYSE:AXR) on March 17th, 2016 at $4.19. In approximately 4 months, Amrep has returned 21.24% as of today's recent price of $5.08.
AXR: 5.34 (-0.11)
AMREP Announces Retirement Of CFO Pete Pizza; Clifford Martin Named As Successor
PR Newswire - Thu Apr 28, 3:30PM CDT
AMREP Corporation (NYSE: AXR) today announced that Pete Pizza will retire as Chief Financial Officer of AMREP effective April 30, 2016. Consistent with the Company's succession planning, Clifford Martin, currently AMREP's Treasurer and Director of Accounting, will assume the role of Chief Financial Officer of AMREP as of May 1, 2016, which is the beginning of the Company's 2017 fiscal year.
AXR: 5.34 (-0.11)
AMREP Reports Third Quarter Fiscal 2016 Results
PR Newswire - Tue Mar 15, 3:20PM CDT
AMREP Corporation (NYSE: AXR) today reported a net loss of $569,000, or $0.07 per share, for its 2016 fiscal third quarter ended January 31, 2016 compared to a net loss of $309,000, or $0.04 per share, for the third quarter of fiscal year 2015 ended January 31, 2015. For the first nine months of 2016, the Company had a net loss of $2,424,000, or $0.30 per share, compared to net income of $6,209,000, or $0.79 per share, for the same period of 2015. The Company's results for both periods in fiscal 2016 were entirely from continuing operations. The results for the three months ended January 31, 2015 consisted of (i) a net loss from continuing operations of $304,000, or $0.04 per share, and (ii) a net loss from discontinued operations of $5,000, or $0.00 per share. The results for the nine months ended January 31, 2015 consisted of (i) a net loss from continuing operations of $1,037,000, or $0.13 per share, and (ii) net income from discontinued operations of $7,246,000, or $0.92 per share, which included a pre-tax gain of $11,155,000 ($7,028,000 after tax, or $0.89 per share) from a settlement agreement with a major customer of the Company's former Newsstand Distribution Services business. Revenues from continuing operations were $12,198,000 and $32,994,000 for the third quarter and first nine months of 2016 compared to $13,220,000 and $39,898,000 for the same periods of the prior year.
AXR: 5.34 (-0.11)
AMREP Reports Second Quarter Fiscal 2016 Results
PR Newswire - Fri Dec 11, 3:20PM CST
AMREP Corporation (the "Company" (NYSE: AXR) today reported a net loss of $676,000, or $0.08 per share, for its 2016 fiscal second quarter ended October 31, 2015 compared to net income of $254,000, or $0.03 per share, for the second quarter of fiscal year 2015 ended October 31, 2014. For the first six months of 2016, the Company had a net loss of $1,855,000, or $0.23 per share, compared to net income of $6,518,000, or $0.83 per share, for the same period of 2015. The Company's results for both periods in fiscal 2016 were entirely from continuing operations. The results for the three months ended October 31, 2014 consisted of (i) a net loss from continuing operations of $97,000, or $0.01 per share, and (ii) net income from discontinued operations of $351,000, or $0.04 per share. The results for the six months ended October 31, 2014 consisted of (i) a net loss from continuing operations of $733,000, or $0.10 per share, which included a non-cash impairment charge of $925,000 ($583,000 after tax, or $0.07 per share) reflecting the discontinuance of the development of certain software in the Company's Fulfillment Services business, and (ii) net income from discontinued operations of $7,251,000, or $0.93 per share, which included a pre-tax gain of $11,155,000 ($7,028,000 after tax, or $0.90 per share) from a settlement agreement with a major customer of the Company's former Newsstand Distribution Services business. Revenues from continuing operations were $11,221,000 and $20,796,000 for the second quarter and first six months of 2016 compared to $14,357,000 and $26,678,000 for the same periods of the prior year.
AXR: 5.34 (-0.11)
AMREP Reports First Quarter Fiscal 2016 Results
PR Newswire - Mon Sep 14, 3:30PM CDT
AMREP Corporation (the "Company" (NYSE: AXR) today reported a net loss of $1,179,000, or $0.15 per share, for its 2016 fiscal first quarter ended July 31, 2015 compared to net income of $6,264,000, or $0.82 per share, for the first quarter of fiscal year 2015 ended July 31, 2014. The results for the prior year consisted of (i) a net loss from continuing operations of $636,000, or $0.08 per share, which included a non-cash impairment charge of $925,000 ($583,000 after tax, or $0.08 per share) reflecting the discontinuance of the development of certain software in the Company's Fulfillment Services business, and (ii) net income from discontinued operations of $6,900,000, or $0.90 per share, which included a pre-tax gain of $11,155,000 ($7,028,000 after tax, or $0.92 per share) from a settlement agreement with a major customer in the Company's former Newsstand Distribution Services business. Revenues from continuing operations were $9,575,000 for the first quarter of 2016 compared to $12,321,000 for the same period in the prior year.
AXR: 5.34 (-0.11)
12.4% Return Seen to Date on SmarTrend Amrep Call (AXR)
Comtex SmarTrend(R) - Fri Aug 21, 4:59PM CDT
SmarTrend identified an Uptrend for Amrep (NYSE:AXR) on February 10th, 2015 at $4.48. In approximately 6 months, Amrep has returned 12.40% as of today's recent price of $5.03.
AXR: 5.34 (-0.11)
Amrep Up 12.8% Since SmarTrend Uptrend Call (AXR)
Comtex SmarTrend(R) - Wed Aug 12, 11:36AM CDT
SmarTrend identified an Uptrend for Amrep (NYSE:AXR) on February 10th, 2015 at $4.48. In approximately 6 months, Amrep has returned 12.85% as of today's recent price of $5.05.
AXR: 5.34 (-0.11)
Amrep Shares Up 14.0% Since SmarTrend's Buy Recommendation (AXR)
Comtex SmarTrend(R) - Wed Aug 05, 11:29AM CDT
SmarTrend identified an Uptrend for Amrep (NYSE:AXR) on February 10th, 2015 at $4.48. In approximately 6 months, Amrep has returned 13.97% as of today's recent price of $5.10.
AXR: 5.34 (-0.11)
Amrep Has Returned 15.8% Since SmarTrend Recommendation (AXR)
Comtex SmarTrend(R) - Wed Jul 29, 10:15AM CDT
SmarTrend identified an Uptrend for Amrep (NYSE:AXR) on February 10th, 2015 at $4.48. In approximately 6 months, Amrep has returned 15.75% as of today's recent price of $5.18.
AXR: 5.34 (-0.11)
Shares of AXR Up 16.9% Since Uptrend Call on Shares
Comtex SmarTrend(R) - Thu May 14, 11:12AM CDT
SmarTrend identified an Uptrend for Amrep (NYSE:AXR) on February 10th, 2015 at $4.48. In approximately 3 months, Amrep has returned 16.87% as of today's recent price of $5.23.
AXR: 5.34 (-0.11)
AMREP Reports Fiscal 2016 Results
PR Newswire - Fri Jul 29, 3:20PM CDT
AMREP Corporation (the "Company"
(NYSE: AXR) today reported a net loss of $10,224,000, or $1.27 per share, for its 2016 fiscal year ended April 30, 2016 compared to net income of $11,320,000, or $1.43 per share, in 2015. Results for 2016 were solely from continuing operations. Results for 2015 consisted of (i) a net loss from continuing operations of $3,584,000, or $0.45 per share, and (ii) net income from discontinued operations of $14,904,000, or $1.88 per share. Revenues for 2016 were $41,664,000 compared to $49,790,000 in 2015. AXR: 5.34 (-0.11)
34.8% Return Seen to Date on SmarTrend Amrep Call (AXR)
Comtex SmarTrend(R) - Thu Jul 28, 12:29AM CDT
SmarTrend identified an Uptrend for Amrep (NYSE:AXR) on March 17th, 2016 at $4.19. In approximately 4 months, Amrep has returned 34.84% as of today's recent price of $5.65.
AXR: 5.34 (-0.11)
Amrep Up 21.2% Since SmarTrend Uptrend Call (AXR)
Comtex SmarTrend(R) - Wed Jul 13, 1:27AM CDT
SmarTrend identified an Uptrend for Amrep (NYSE:AXR) on March 17th, 2016 at $4.19. In approximately 4 months, Amrep has returned 21.24% as of today's recent price of $5.08.
AXR: 5.34 (-0.11)
AMREP Announces Retirement Of CFO Pete Pizza; Clifford Martin Named As Successor
PR Newswire - Thu Apr 28, 3:30PM CDT
AMREP Corporation (NYSE: AXR) today announced that Pete Pizza will retire as Chief Financial Officer of AMREP effective April 30, 2016. Consistent with the Company's succession planning, Clifford Martin, currently AMREP's Treasurer and Director of Accounting, will assume the role of Chief Financial Officer of AMREP as of May 1, 2016, which is the beginning of the Company's 2017 fiscal year.
AXR: 5.34 (-0.11)
AMREP Reports Third Quarter Fiscal 2016 Results
PR Newswire - Tue Mar 15, 3:20PM CDT
AMREP Corporation (NYSE: AXR) today reported a net loss of $569,000, or $0.07 per share, for its 2016 fiscal third quarter ended January 31, 2016 compared to a net loss of $309,000, or $0.04 per share, for the third quarter of fiscal year 2015 ended January 31, 2015. For the first nine months of 2016, the Company had a net loss of $2,424,000, or $0.30 per share, compared to net income of $6,209,000, or $0.79 per share, for the same period of 2015. The Company's results for both periods in fiscal 2016 were entirely from continuing operations. The results for the three months ended January 31, 2015 consisted of (i) a net loss from continuing operations of $304,000, or $0.04 per share, and (ii) a net loss from discontinued operations of $5,000, or $0.00 per share. The results for the nine months ended January 31, 2015 consisted of (i) a net loss from continuing operations of $1,037,000, or $0.13 per share, and (ii) net income from discontinued operations of $7,246,000, or $0.92 per share, which included a pre-tax gain of $11,155,000 ($7,028,000 after tax, or $0.89 per share) from a settlement agreement with a major customer of the Company's former Newsstand Distribution Services business. Revenues from continuing operations were $12,198,000 and $32,994,000 for the third quarter and first nine months of 2016 compared to $13,220,000 and $39,898,000 for the same periods of the prior year.
AXR: 5.34 (-0.11)
AMREP Reports Second Quarter Fiscal 2016 Results
PR Newswire - Fri Dec 11, 3:20PM CST
AMREP Corporation (the "Company"
(NYSE: AXR) today reported a net loss of $676,000, or $0.08 per share, for its 2016 fiscal second quarter ended October 31, 2015 compared to net income of $254,000, or $0.03 per share, for the second quarter of fiscal year 2015 ended October 31, 2014. For the first six months of 2016, the Company had a net loss of $1,855,000, or $0.23 per share, compared to net income of $6,518,000, or $0.83 per share, for the same period of 2015. The Company's results for both periods in fiscal 2016 were entirely from continuing operations. The results for the three months ended October 31, 2014 consisted of (i) a net loss from continuing operations of $97,000, or $0.01 per share, and (ii) net income from discontinued operations of $351,000, or $0.04 per share. The results for the six months ended October 31, 2014 consisted of (i) a net loss from continuing operations of $733,000, or $0.10 per share, which included a non-cash impairment charge of $925,000 ($583,000 after tax, or $0.07 per share) reflecting the discontinuance of the development of certain software in the Company's Fulfillment Services business, and (ii) net income from discontinued operations of $7,251,000, or $0.93 per share, which included a pre-tax gain of $11,155,000 ($7,028,000 after tax, or $0.90 per share) from a settlement agreement with a major customer of the Company's former Newsstand Distribution Services business. Revenues from continuing operations were $11,221,000 and $20,796,000 for the second quarter and first six months of 2016 compared to $14,357,000 and $26,678,000 for the same periods of the prior year. AXR: 5.34 (-0.11)
AMREP Reports First Quarter Fiscal 2016 Results
PR Newswire - Mon Sep 14, 3:30PM CDT
AMREP Corporation (the "Company"
(NYSE: AXR) today reported a net loss of $1,179,000, or $0.15 per share, for its 2016 fiscal first quarter ended July 31, 2015 compared to net income of $6,264,000, or $0.82 per share, for the first quarter of fiscal year 2015 ended July 31, 2014. The results for the prior year consisted of (i) a net loss from continuing operations of $636,000, or $0.08 per share, which included a non-cash impairment charge of $925,000 ($583,000 after tax, or $0.08 per share) reflecting the discontinuance of the development of certain software in the Company's Fulfillment Services business, and (ii) net income from discontinued operations of $6,900,000, or $0.90 per share, which included a pre-tax gain of $11,155,000 ($7,028,000 after tax, or $0.92 per share) from a settlement agreement with a major customer in the Company's former Newsstand Distribution Services business. Revenues from continuing operations were $9,575,000 for the first quarter of 2016 compared to $12,321,000 for the same period in the prior year. AXR: 5.34 (-0.11)
12.4% Return Seen to Date on SmarTrend Amrep Call (AXR)
Comtex SmarTrend(R) - Fri Aug 21, 4:59PM CDT
SmarTrend identified an Uptrend for Amrep (NYSE:AXR) on February 10th, 2015 at $4.48. In approximately 6 months, Amrep has returned 12.40% as of today's recent price of $5.03.
AXR: 5.34 (-0.11)
Amrep Up 12.8% Since SmarTrend Uptrend Call (AXR)
Comtex SmarTrend(R) - Wed Aug 12, 11:36AM CDT
SmarTrend identified an Uptrend for Amrep (NYSE:AXR) on February 10th, 2015 at $4.48. In approximately 6 months, Amrep has returned 12.85% as of today's recent price of $5.05.
AXR: 5.34 (-0.11)
Amrep Shares Up 14.0% Since SmarTrend's Buy Recommendation (AXR)
Comtex SmarTrend(R) - Wed Aug 05, 11:29AM CDT
SmarTrend identified an Uptrend for Amrep (NYSE:AXR) on February 10th, 2015 at $4.48. In approximately 6 months, Amrep has returned 13.97% as of today's recent price of $5.10.
AXR: 5.34 (-0.11)
Amrep Has Returned 15.8% Since SmarTrend Recommendation (AXR)
Comtex SmarTrend(R) - Wed Jul 29, 10:15AM CDT
SmarTrend identified an Uptrend for Amrep (NYSE:AXR) on February 10th, 2015 at $4.48. In approximately 6 months, Amrep has returned 15.75% as of today's recent price of $5.18.
AXR: 5.34 (-0.11)
Shares of AXR Up 16.9% Since Uptrend Call on Shares
Comtex SmarTrend(R) - Thu May 14, 11:12AM CDT
SmarTrend identified an Uptrend for Amrep (NYSE:AXR) on February 10th, 2015 at $4.48. In approximately 3 months, Amrep has returned 16.87% as of today's recent price of $5.23.
AXR: 5.34 (-0.11)
