The earnings call indicates a challenging quarter with significant declines in net income and occupancy issues in the Industrial and Commercial segment. However, there are positive developments in the Mining and Royalty and Multifamily segments, as well as new joint ventures in industrial development, which provide a promising outlook for future growth.

Company Guidance -

Q3 2025

During the FRP Holdings, Inc. 2025 2Q earnings call, CFO Matt McNulty outlined the company's financial performance and guidance for the year. Net income for the second quarter decreased by 72% to $600,000, or $0.03 per share, compared to $2 million, or $0.11 per share, in the same period last year. This decline was attributed to legal expenses related to due diligence and reduced interest income. However, the company's pro rata share of net operating income (NOI) increased by 5% year-over-year to $9.7 million, driven by higher contributions from the multifamily and mining royalty segments. The multifamily segment saw a $57,000 increase in NOI, while the mining segment experienced a $637,000 increase. The Industrial and Commercial segment, however, faced a $177,000 decline in NOI due to vacancies and uncollectible revenue following a tenant eviction and lease expirations. Looking ahead, the company anticipates relatively flat NOI for 2025 compared to 2024 but expects growth to resume post-2026 as new projects are leased up.

Increase in Pro Rata NOI

The company's pro rata share of NOI in the second quarter increased 5% year-over-year to $9.7 million, primarily driven by higher contributions from the multifamily and mining royalty segments.

Strong Performance in Mining and Royalty Segment

Total revenues and NOI for the Mining and Royalty business segment increased by 12% and 21% over the same period last year, respectively.

New Joint Ventures in Industrial Development

FRP entered into a new joint venture agreement to develop over 375,000 square feet in Lake County, Florida, with plans for additional industrial development, expected to generate significant NOI upon completion.

Multifamily Segment Growth

The Verge contributed significantly to the multifamily segment, increasing FRP's share of revenues and NOI, with renewal rental rate increases trending over 3.6% on average in Q2.

FRP Holdings (FRPH) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

FRPH Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 05, 2025	2025 (Q3)	- / -	0.072	―	―	―
Aug 06, 2025	2025 (Q2)	- / 0.03	0.108	-72.22% (-0.08)
May 12, 2025	2025 (Q1)	- / 0.09	0.069	30.43% (+0.02)
Mar 05, 2025	2024 (Q4)	- / 0.09	0.152	-42.11% (-0.06)
Nov 06, 2024	2024 (Q3)	- / 0.07	0.067	7.46% (<+0.01)
Aug 07, 2024	2024 (Q2)	- / 0.11	0.032	237.50% (+0.08)
May 08, 2024	2024 (Q1)	- / 0.07	0.03	130.00% (+0.04)
Mar 06, 2024	2023 (Q4)	- / 0.15	0.146	4.11% (<+0.01)
Nov 08, 2023	2023 (Q3)	- / 0.07	0.025	168.00% (+0.04)
Aug 09, 2023	2023 (Q2)	- / 0.03	0.035	-8.57% (>-0.01)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

FRPH Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 06, 2025	$26.60	$24.75	-6.95%
May 12, 2025	$27.40	$26.60	-2.92%
Mar 05, 2025	$31.00	$29.88	-3.61%
Nov 06, 2024	$30.18	$30.84	+2.19%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does FRP Holdings (FRPH) report earnings?

FRP Holdings (FRPH) is schdueled to report earning on Nov 05, 2025, TBA (Confirmed).

What is FRP Holdings (FRPH) earnings time?

FRP Holdings (FRPH) earnings time is at Nov 05, 2025, TBA (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

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What is FRPH EPS forecast?

Currently, no data Available

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