FRP Holdings: 1Q Earnings Snapshot

JACKSONVILLE, Fla. (AP) _ FRP Holdings Inc. (FRPH) on Wednesday reported first-quarter net income of $1.6 million.

The Jacksonville, Florida-based company said it had profit of 16 cents per share.

The real estate company posted revenue of $5.8 million in the period.

FRP Holdings shares have dropped 13% since the beginning of the year. The stock has declined 12% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FRPH at https://www.zacks.com/ap/FRPH