AMREP Corporation (AMR) reported Friday a third-quarter net loss of $0.3 million or $0.05 per share, compared to net income of $1.3 million or $0.21 per share last year.
Results for the quarter included a tax benefit of $0.4 million or $0.06 per share, compared to a benefit of $0.8 million or $0.13 per share last year.
Revenues for the quarter declined to $21.4 million from $23.8 million last year.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.