AMREP Stock Dips Post Q2 Earnings as Land Sales Slide, Margins Improve

Shares of AMREP Corporation (AXR) have lost 8.4% since the company reported earnings for the quarter ended Oct. 31, 2025, compared with a 1.2% decline in the S&P 500 Index over the same period. Over the past month, AMREP shares lost 3.7%, while the benchmark index advanced 2.6%.AXR’s Earnings SnapshotFor the second quarter of fiscal 2026, AMREP reported net income of $1.2 million, or $0.22 per diluted share, a 70.3% decline from $4 million, or $0.75 per diluted share, in the year-ago quarter. Revenue for th ...