FRP Holdings (FRPH) Reports Q1 EPS of $0.76

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Go back to FRP Holdings (FRPH) Reports Q1 EPS of $0.76

FRP Holdings, Inc. (NASDAQ: FRPH) Announces Results For The First Quarter Of Fiscal 2016

February 3, 2016 9:25 AM EST

JACKSONVILLE, Fla., Feb. 3, 2016 /PRNewswire/ --

Fiscal 2016 First Quarter Consolidated Results of Continuing Operations.

Income from continuing operations for the first quarter of fiscal 2016 was $7,473,000 or $.76 per share versus $1,131,000 or $.12 per share in the first quarter last year.  This first quarter of fiscal 2016 benefited from a gain on land sale of $6,286,000 plus income of $3,000,000 from the settlement of environmental claims resulting in a positive impact of $.57 per share of income from continuing operations.  Total revenues were up $521,000, or 6.3%, versus the same quarter last year.  Excluding the positive impact of the environmental settlement this quarter ($3... More