FRP Holdings (FRPH) Reports Q2 EPS of $0.18

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Go back to FRP Holdings (FRPH) Reports Q2 EPS of $0.18

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

May 4, 2016 9:22 AM EDT

JACKSONVILLE, Fla., May 4, 2016 /PRNewswire/ --

Fiscal 2016 Second Quarter Consolidated Results of Continuing Operations.

Income from continuing operations for the second quarter of fiscal 2016 was $1,820,000 or $.18 per share versus $845,000 or $.09 per share in the second quarter last year.  Total revenues were up $667,000, or 7.5%, versus the same quarter last year with total cost of operations down $683,000, or 10.1%.  Consolidated total operating profit increased by $1,350,000, or 62.5%, to $3,509,000 this quarter. 

The Company enjoyed another successful quarter in both of our income producing segments.  Compared to last year's 2nd quarter, our Mining Royalty Lands segment grew operating profit (excluding... More