secwatch.observer — SEC 8-K summary
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Issuer:     AMREP CORP. (AXR)
CIK:        0000006207
Form:       8-K
Filed at:   2023-09-13T23:59:59+00:00
Accession:  0001104659-23-100471
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AMREP posts Q1 FY2024 net income $1.35M ($0.25 EPS), down from $1.91M ($0.36) YoY
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- Revenue $10.29M vs $10.71M in prior-year quarter, a decline of ~4%.
- Diluted EPS $0.25 vs $0.36; net income decreased by ~30% YoY.
- Company is a major landholder and homebuilder in New Mexico.
- Full quarterly financials filed on Form 10-Q; no guidance changes disclosed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/6207/000110465923100471/0001104659-23-100471-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/6207/000110465923100471/tm2326032d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-100471

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