AMREP Corporation (NYSE:AXR) operates in the real estate and media services sectors, known for its land development and homebuilding activities, primarily in the United States. The company competes with other real estate developers and media service providers. Recently, AXR reported its financial results, which have shown some challenges.
On December 12, 2025, AXR reported earnings per share of $0.22, which was below the estimated $0.44. This shortfall is reflected in the company's net income for the second quarter of fiscal 2026, which was $1.2 million, a decrease from $4 million in the same quarter of the previous year. This decline in earnings per share and net income indicates a challenging period for the company.
AXR's revenue for the second quarter was approximately $9.4 million, falling short of the estimated $14.97 million. This represents a decrease from the $11.9 million reported in the previous year. For the first half of fiscal 2026, the company's revenue was $27.3 million, compared to $31 million in the first half of 2025. These figures highlight a downward trend in revenue, which may impact the company's financial performance.
Despite these challenges, AXR maintains a price-to-earnings (P/E) ratio of approximately 10.49, indicating the price investors are willing to pay for each dollar of earnings. The company's price-to-sales ratio is about 2.38, suggesting the market values the company at 2.38 times its sales. These metrics provide insight into how the market perceives AXR's valuation. AXR's financial health is further supported by its low debt-to-equity ratio of 0.00017, indicating minimal reliance on debt for financing. These financial metrics suggest that despite recent earnings challenges, AXR remains in a stable financial position.
