Amen Properties (AMEN) Reports Q1 Earnings
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Amen Properties (NASDAQ: AMEN) reports Q1 EPS of $0.26 compared to $0.14 in the year-ago quarter.
The Company posted revenue of $3.7 million compared to revenue of $3.1 million in Q1 of last year.
Amen recorded a gain of $535 thousand on the liquidation of its investment in Santa Fe Energy Trust and recorded $279 thousand in income related to its one-third ownership of SFF Royalty, LLC and SFF Production, LLC.
AMEN Properties, Inc. (AMEN) operates in three categories: commercial real estate in secondary stagnant markets, commercial real estate in out of favor growth markets, and oil and gas royalties.[SM]
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