The massive revenue and earnings miss signals a severe downturn in AMREP's land sales business. Traders should expect significant downside pressure on the stock. Monitor the next quarterly filing for any signs of recovery or further deterioration in land sale volumes.
Price Chart
Executive Summary
AMREP Corporation reported Q1 FY2027 results with a significant earnings miss. Net income plunged to $276,000 ($0.05 EPS) from $4.69 million ($0.87 EPS) a year ago, and revenue collapsed to $6.05 million from $17.85 million, a 66% decline. The EPS of $0.24 from the consensus context appears to be a mismatch or prior-period figure; the reported $0.05 represents a massive miss versus any reasonable expectation, driven by a sharp drop in land sales revenue.
Key Financial Metrics
Key Facts
- Q1 FY2027 net income fell to $276,000 from $4,692,000 YoY
- Diluted EPS dropped to $0.05 from $0.87 YoY
- Revenue declined 66% to $6,051,000 from $17,851,000 YoY
- The consensus estimate of $0.44 EPS and $14.3M revenue was far above actual results
Financial Impact
Revenue fell by $11.8M YoY (66% decline); net income dropped by $4.4M
Risk Factors
- Continued weakness in land sales revenue
- Potential for further earnings misses if demand does not recover
- Low analyst coverage and institutional interest may amplify volatility
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3360522 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 11, 2026 6w ago | Press Release | $22.80 $20.30 | ▲ +10.96% | ▲ +13.23% | $20.66 (+9.39%) |
Jul 24, 2026 13w ago | Press Release | $23.09 $22.95 | ▼ −0.61% | ▼ −3.90% | $20.66 (−10.52%) |
US Market Status
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