secwatch.observer — SEC 8-K summary
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Issuer:     AMREP CORP. (AXR)
CIK:        0000006207
Form:       8-K
Filed at:   2022-07-21T23:59:59+00:00
Accession:  0001104659-22-081612
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AMREP posts $2.21 diluted EPS for fiscal 2022, up from $0.95; revenue rises 56%
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- Net income $15.86M ($2.21/diluted share) vs $7.39M ($0.95) in prior year.
- Revenue $62.48M, up 56% from $40.07M, driven by land and building sales.
- Land sales included 1,196 acres near Rio Rancho ($7.1M), buildings ($8.4M), commercial parcels ($6.1M).
- Weighted average diluted shares 7.19M vs 7.77M a year earlier.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/6207/000110465922081612/0001104659-22-081612-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/6207/000110465922081612/tm2221476d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-081612

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer