FRP Holdings Q1 net income $0.06/share vs $0.07; pro-rata NOI up 34.9%

FRP HOLDINGS, INC.

2023-Q1 EPS reported $0.06 revenue$10,114,000

Q1 net income of $565K ($0.06 EPS) vs $672K ($0.07) prior year; operating profit increased $1.49M.
Pro-rata NOI rose 34.9% to $6.99M; Mining Royalty revenue hit record quarter.
Asset Management NOI up 60.6% to $787K; 99.4% leased across industrial portfolio.
Development: Amber Ridge 144 of 187 lots sold; The Verge 32% leased; .408 Jackson 52.9% leased.
Stabilized JV: The Maren 96.6% leased, Dock 79 92.5% leased; Riverside 96.5% leased.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

FRP HOLDINGS, INC. reported first quarter ended March 31, 2023 results: net income $565,000 or $.06 per share, EPS $.06 per share.

Period: first quarter ended March 31, 2023
Net income: $565,000 or $.06 per share
EPS: $.06 per share
Result: reported results

Exact text from the filing

Net income for the first quarter of 2023 was $565,000 or $.06 per share versus $672,000 or $.07 per share in the same period last year.

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36 earnings releases filed in the last 30 days. Browse all earnings releases →

FRP HOLDINGS, INC. filing history →

Source: SEC EDGAR

accession 0000844059-23-000019

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