AMREP Corporation reported first-quarter fiscal 2027 results for the period ended July 31, 2026. Revenues declined to $6,051,000 from $17,851,000 in the prior year period, while net income fell sharply to $276,000, or $0.05 per diluted share, compared to $4,692,000, or $0.87 per diluted share previously. Additionally, shareholders approved the AMREP Corporation 2026 Equity Compensation Plan at the annual meeting held on September 10, 2026. The company operates in the real estate development and homebuilding industry.

AMREP Corporation reported fiscal year 2026 results for the period ended April 30, 2026. The company generated revenues of $52,847,000, an increase from $49,694,000 in fiscal 2025. Net income decreased to $10,288,000, or $1.91 per diluted share, compared to $12,716,000, or $2.37 per diluted share, in the prior year. The company operates in the real estate industry as a land holder, developer, and homebuilder in New Mexico.

Amrep Corporation awarded Christopher V. Vitale, President and CEO, a $178,000 cash bonus and 8,700 restricted shares, and Adrienne M. Uleau, CFO and VP, a $64,000 cash bonus and 2,250 restricted shares. The company also approved a salary change for both executives, increasing Vitale's salary to $395,000 and Uleau's to $205,000, effective July 27, 2026. Amrep Corporation is a real estate holding company that manages property investments and management services.