AMREP (AXR) FY24 Earnings Decline, Revenues Record Improvement

AMREP Corporation (AXR) delivered earnings per share (EPS) of $1.25 for fiscal 2024, indicating a 69.6% decline from the comparable fiscal 2023 period.Revenues in DetailAMREP registered revenues of $51.4 million for fiscal 2024, up 5.5% year over year.Solid revenues from the majority of the sources boosted the top line.Segment DetailsAMREP derives revenues from three sources — Land sale revenues, Home sale revenues and Other revenues.For the full fiscal year, which ended on Apr 30, 2024, Land sale revenues ...