Amrep Q1 EPS $0.87 Beats $0.38 Estimate, Sales $17.851M Beat $13.860M Estimate

Amrep (NYSE:AXR) reported quarterly earnings of $0.87 per share which beat the analyst consensus estimate of $0.38 by 128.95 percent. This is a 14.47 percent increase over earnings of $0.76 per share from the same period last year. The company reported quarterly sales of $17.851 million which beat the analyst consensus estimate of $13.860 million by 28.80 percent. This is a 6.50 percent decrease over sales of $19.091 million the same period last year.