Amrep (NYSE:AXR) reported quarterly earnings of $0.05 per share which missed the analyst consensus estimate of $0.44 by 88.64 percent. This is a 94.25 percent decrease over earnings of $0.87 per share from the same period last year. The company reported quarterly sales of $6.051 million which missed the analyst consensus estimate of $14.270 million by 57.60 percent. This is a 66.10 percent decrease over sales of $17.851 million the same period last year.

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