secwatch.observer — SEC 8-K summary
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Issuer:     AMREP CORP. (AXR)
CIK:        0000006207
Form:       8-K
Filed at:   2026-09-11T20:35:13+00:00
Accession:  0001104659-26-107091
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 5.02, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AMREP Q1 FY2027 net income falls to $276K from $4.69M; revenue down 66% YoY
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- Net income $276K ($0.05 diluted EPS) vs $4.69M ($0.87) year-ago quarter.
- Revenue $6.05M vs $17.85M, down 66% YoY.
- Shareholders approved 2026 Equity Compensation Plan authorizing 500K shares.
- Directors McNaney and Russo re-elected to Class III until 2029.
- Company cites timing and mix of land/home sales for period-to-period variability.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/6207/000110465926107091/0001104659-26-107091-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/6207/000110465926107091/tm2625105d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-107091

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