FONT-SIZE Plus   Neg

AMREP Corp. Slips To Loss In Q3

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.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Apple Inc. (AAPL) reported its third straight quarter of iPhone sales and revenue declines after the market closed on Tuesday. The tech giant's fourth-quarter profit trumped Wall Street expectations, while revenues fell short. Although, Apple reported its third straight year-over-year decline in iPhone... Buick, Lexus and Toyota are among the top brands with highest reliability rating in the latest annual brand reliability survey. A New York woman has filed a $20 million lawsuit against Kentucky Fried Chicken, accusing the fast-food giant of 'false and deceptive trade practice' and also of misleading customers as she did not get enough chicken in her $20 "Fill-Up."
comments powered by Disqus
Follow RTT