<span item_type="fundamental" item_id="26b75bdb346c2006938f4eab6cf63f02" counter_id="ST/US/AXR" env="prod"></span><span item_type="announcement" item_id="625550933778302977" env="prod"></span><p>Revenue: As of FY2026 Q3, the actual value is USD 14.57 M, beating the estimate of USD 14 M.</p><p>EPS: As of FY2026 Q3, the actual value is USD 0.58, beating the estimate of USD 0.57.</p><p></p><h3>Three Months Ended January 31, 2026 and 2025</h3><h4>Net Income</h4><p>AMREP Corporation reported net income of $3,147,000 for the third fiscal quarter of 2026, compared to $717,000 for the same period of the prior year, representing a significant increase year-over-year.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/6207/000110465926027103/tm268363d1_ex99-1.htm"></span></p><h4>Weighted Average Number of Common Shares Outstanding</h4><p>The weighted average number of common shares outstanding (basic) was 5,340,000 for the three months ended January 31, 2026, up from 5,321,000 in the prior year period.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/6207/000110465926027103/tm268363d1_ex99-1.htm"></span>The weighted average number of common shares outstanding (diluted) was 5,389,000 for the three months ended January 31, 2026, compared to 5,381,000 in the same period of 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/6207/000110465926027103/tm268363d1_ex99-1.htm"></span></p><h3>Nine Months Ended January 31, 2026 and 2025</h3><h4>Net Income</h4><p>For the first nine months of fiscal 2026, AMREP Corporation had net income of $9,039,000, an increase from $8,823,000 for the same period in 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/6207/000110465926027103/tm268363d1_ex99-1.htm"></span></p><h4>Weighted Average Number of Common Shares Outstanding</h4><p>The weighted average number of common shares outstanding (basic) for the first nine months of 2026 was 5,334,000, compared to 5,316,000 for the same period of 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/6207/000110465926027103/tm268363d1_ex99-1.htm"></span>The weighted average number of common shares outstanding (diluted) was 5,384,000 for the first nine months of 2026, up from 5,376,000 in the corresponding period of 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/6207/000110465926027103/tm268363d1_ex99-1.htm"></span></p><h3>Outlook / Guidance</h3><p>AMREP Corporation noted that revenues, average selling prices, and related gross margins from land sales or home sales can vary significantly from period to period due to various factors, including the nature and timing of specific transactions, and the type and location of land or homes sold.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/6207/000110465926027103/tm268363d1_ex99-1.htm"></span> Consequently, prior results are not necessarily a reliable indicator of future performance.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/6207/000110465926027103/tm268363d1_ex99-1.htm"></span></p>

Amrep | 8-K: FY2026 Q3 Revenue Beats Estimate at USD 14.57 M