Education
About Us
Working with TipRanks
Follow Us
FRP Holdings (FRPH)
NASDAQ:FRPH
Earnings Data
Report Date
May 07, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
―Last Year’s EPS
―Same Quarter Last Year
Based on 0 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Mar 05, 2025
|% Change Since: -14.13%
|Next Earnings Date:May 07, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed picture. While there were significant achievements in the Multifamily and Mining segments, challenges in net income declines, vacancy pressures, and tenant issues in the Commercial and Industrial segment balanced the positive aspects. The company remains optimistic about its development pipeline and future growth.Company Guidance
During the FRP Holdings Incorporated 2024 4Q earnings call, several key financial metrics and guidance details were discussed. Net income for the fourth quarter decreased by 41.7% to $1.68 million, or $0.09 per share, compared to the previous year's $2.88 million, or $0.15 per share, which had included a one-time gain of $1.98 million. However, the net income for the fiscal year increased by 20.4% to $6.39 million, or $0.34 per share. The company's pro rata share of net operating income (NOI) for the fourth quarter rose by 21% to $9.1 million, and the year-to-date pro rata NOI increased by 26% to $38.1 million, driven by improvements in the Multifamily segment. Over the past three years, pro rata NOI has grown at a compound annual growth rate of 29.5%. The estimated value of FRP's real estate assets, net of debt and liabilities, was analyzed to yield a per share value ranging from $34.63 to $39.22. In 2025, FRP plans to invest approximately $71 million in equity capital, focusing on doubling their Industrial and Commercial segment's square footage and pursuing new multifamily developments. Despite anticipated challenges in maintaining NOI growth due to upcoming vacancies, FRP remains focused on managing tenant retention and rental growth.Significant Increase in Net Operating Income
The company's pro rata share of NOI in the fourth quarter was up 21% to $9.1 million, and year-to-date was up 26% to $38.1 million, driven by improved results in the Multifamily segment.
Multifamily Segment Performance
The Multifamily segment contributed an additional $4.6 million in pro rata NOI compared to last year, with significant occupancy rates and revenue increases due to joint ventures.
Mining and Royalty Business Growth
The Mining and Royalty business segment reported total revenues and NOI for the quarter of $3.5 million, an increase of 19% and 34% respectively over the same period last year.
Development Pipeline Expansion
The company is expanding its industrial platform with over 2.1 million square feet of additional Industrial/Commercial product expected to grow from 550,000 square feet to over 2.7 million square feet.
---
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 |
|---|---|---|---|
| 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% |
| May 08, 2024 | $31.00 | $30.92 | -0.26% |
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 May 07, 2025, TBA Not Confirmed.
What is FRP Holdings (FRPH) earnings time?
FRP Holdings (FRPH) earnings time is at May 07, 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
---