---
schema_version: "secwatch.filing_event.v1"
accession: "0000844059-24-000040"
form_type: "8-K"
ticker: "FRPH"
cik: "0000844059"
company_name: "FRP HOLDINGS, INC."
filed_at: "2024-11-06T23:59:59+00:00"
generated_at: "2026-05-30T04:58:20.211605+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# FRP Holdings Q3 net income +8.1% to $1.36M; pro rata NOI +39% to $11.3M

## Summary
- Q3 net income $1.36M (+8.1%); EPS $0.07 flat YoY. Nine-month net income $4.71M (+94%).
- Pro rata NOI Q3 $11.3M (+39%) includes $1.9M one-time minimum royalty catch-up.
- Multifamily pro rata NOI +23% on lease-up of Bryant St, 408 Jackson, The Verge; same-store NOI +7%.
- Industrial & Commercial NOI +10%; Mining & Royalty NOI +80% driven by $2M unrealized catch-up revenue.
- Two industrial JVs in FL (258K sf each) target March 2025 construction start; Chelsea MD project nearing completion under budget.

## SEC filing metadata
- accession: 0000844059-24-000040
- form_type: 8-K
- ticker: FRPH
- cik: 0000844059
- company_name: FRP HOLDINGS, INC.
- filed_at: 2024-11-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/844059/000084405924000040/0000844059-24-000040-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/844059/000084405924000040/frph-20241106.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000844059-24-000040
- JSON: https://secwatch.observer/filing/0000844059-24-000040.json
- Plain text: https://secwatch.observer/filing/0000844059-24-000040.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.