FRP Holdings (FRPH) Misses Q4 EPS by 1c
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FRP Holdings, Inc. (NASDAQ: FRPH) Announces Results For The Fourth Quarter And Fiscal Year Ended September 30, 2015
December 2, 2015 11:04 AM ESTJACKSONVILLE, Fla., Dec. 2, 2015 /PRNewswire/ --
Fiscal 2015 Fourth Quarter Results of Continuing Operations.
Income from continuing operations for the fourth quarter of fiscal 2015 was $2,071,000 or $.21 per share, an increase of $724,000 or 53.8%, versus $1,347,000 or $.14 per share in the fourth quarter last year. Net operating income in the Asset Management Segment, management's chosen metric for measuring shareholder value creation in that segment, grew 7.2% to $5,317,000. Fiscal 2015 fourth quarter mining royalty revenues grew 15.1% to $1,680,000.Â
Fourth Quarter Segment Operating Results.
Asset Management Segment:
Total revenues in this segment were $6,974,000, up $571,000 or 8.9%,... More
