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FRP Holdings (FRPH)
NASDAQ:FRPH
Earnings Data
Report Date
Aug 06, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
―Last Year’s EPS
―Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 12, 2025
|% Change Since: -3.39%
|Next Earnings Date:Aug 06, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mix of positive and negative aspects. While there were significant increases in net income and Mining and Royalty segment performance, challenges in the Industrial and Commercial segments and potential short-term impacts on NOI were noted. The company is focused on long-term growth and acknowledges potential growing pains in 2025.Company Guidance
In the first quarter of 2025, FRP Holdings Inc. reported a significant increase in net income, rising by 31.4% to $1.7 million, or $0.09 per share, compared to $1.3 million, or $0.07 per share, in the same period the previous year. The company's pro rata share of net operating income (NOI) increased by 10% year-over-year to $9.4 million, largely driven by the Multifamily, Development, and Mining Royalty segments, with the Multifamily segment contributing an additional $141,000, the Mining segment $524,000, and the Development segment $185,000. However, the Industrial and Commercial segment experienced a slight decrease in NOI by $20,000 due to tenant vacancy issues. Over the past three years, FRP has achieved a compound annual growth rate of 21.8% in pro rata NOI, but the growth rate is expected to slow in the near term as new projects move through construction and lease-up phases. The company is focused on expanding its industrial platform, with plans to add over 2.1 million square feet, growing from 550,000 to over 2.7 million square feet, and anticipates generating annual NOI between $8.7 million and $10.2 million upon stabilization of these projects.Significant Net Income Increase
Net income for the first quarter increased by 31.4% to $1.7 million or $0.09 per share, compared to $1.3 million or $0.07 per share in the same period last year.
Strong Growth in Mining and Royalty Segment
The Mining and Royalty segment reported revenues of $3.2 million and NOI of $3.3 million, marking a 919% increase over the same period last year.
Multifamily Segment Revenue Growth
The Multifamily segment reported a revenue increase due to the inclusion of The Verge, contributing $1.4 million in revenue and $753,000 in NOI this quarter.
Successful Financial Strategy
Locked in a 10-year permanent loan at a fixed 6.4% interest rate on two office buildings, taking advantage of the treasury dip in March.
FRPH Earnings History
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 |
|---|---|---|---|
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% |
Aug 07, 2024 | $28.25 | $29.62 | +4.85% |
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 Aug 06, 2025, TBA Not Confirmed.
What is FRP Holdings (FRPH) earnings time?
FRP Holdings (FRPH) earnings time is at Aug 06, 2025, TBA Not 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?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is FRPH EPS forecast?
Currently, no data Available