FRPH Earnings Prediction
The chart below shows how FRPH performed 10 days before and after its earnings report, based on data from the past quarters. Typically, FRPH sees a -1.23% change in stock price 10 days leading up to the earnings, and a -2.32% change 10 days following the report. On the earnings day itself, the stock moves by +1.12%. This data can give you a slight idea of what to expect for the next quarter's release.
FRPH Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
10.63M
0.40%
1.49%
Gross Margin
50.52%
41.35%
-1.46%
Operating Margin
28.99%
6.04%
7.69%
Net Margin
12.97%
24.95%
-33.99%
EPS
0.07
0.00%
-36.36%
No Data Available
FRPH Earnings Analysis
FRP Holdings, Inc. Corporation (FRPH.O) Earnings Conference Call
Positive
Net Income Increase: Net income for the third quarter increased 8% to $1.4 million or $0.07 per share versus $1.3 million or $0.07 per share in the same period last year.
Net Income Surge: For the first nine months, net income saw a 94% increase to $4.7 million or $0.25 per share versus $2.4 million or $0.13 per share for the first nine months of last year.
NOI Growth Performance: The company's pro rata share of NOI in the third quarter was up 39% to $11.3 million and year-to-date was up 28% to $29 million.
Multifamily Segment Performance: The year-to-date increase in NOI was mostly driven by the performance of our multifamily segment due to improved results at all six of our stabilized multifamily projects versus the same period last year.
NOI Growth Rate: Over the last three years, we have grown pro rata NOI at a compound annual growth rate of 26.4% on a trailing 12-month basis.
Negative
Net Income Increase: Net income for the third quarter increased 8% to $1.4 million or $0.07 per share versus $1.3 million or $0.07 per share in the same period last year.
Net Income Surge: For the first nine months, net income saw a 94% increase to $4.7 million or $0.25 per share versus $2.4 million or $0.13 per share for the first nine months of last year.
NOI Growth Performance: The company's pro rata share of NOI in the third quarter was up 39% to $11.3 million and year-to-date was up 28% to $29 million.
Quarterly Revenue and NOI Growth: Total revenues and NOI for the quarter totaled $1.5 million and $1.2 million, respectively, an increase of 0.9% and 10.3% over the same period last year.
One-Time Cash Royalty Impact: NOI for this quarter included a $1.9 million one-time cash royalty received during the quarter that is straight lined over the life of the agreement.
FRPH FAQs
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FRPH Earning Call Sentiment
FRP Holdings, Inc. (FRPH) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
FRPH.O
-0.38%Positive
The earnings call indicates strong financial performance with significant NOI growth, especially in the multifamily segment. Despite some market pressures and decelerating rental rate increases, the company's industrial development focus and expected NOI yield are positive. The absence of a shareholder return plan is a minor drawback. Overall, the company's strategic initiatives and financial health suggest a positive outlook, likely resulting in a 2% to 8% stock price increase over the next two weeks.
