Sep. 14 at 2:59 PM
$VALU Value Line reports Q1 EPS 62c vs. 52c last year
The company said, "During the three months ended July 31, 2024, the Company's net income of
$5,887,000, or
$0.62 per share, was 21.2% above net income of
$4,859,000, or
$0.52 per share, for the three months ended July 31, 2023. The Company's revenues of
$4,241,000 from its non-voting revenues interest in EAM and non-voting profits interest in EAM increased
$1,384,000 or 48.4% above the prior fiscal year.
During the three months ended July 31, 2024, the Company's total investment gains of
$1,709,000 increased
$954,000 or 126.4% above the prior fiscal year. Retained earnings at July 31, 2024, were
$107,311,000, an increase of 2.9% compared to retained earnings at April 30, 2024. Shareholders' equity reached
$93,853,000 at July 31, 2024, an increase of 3.4% from the shareholders' equity of
$90,793,000 as of April 30, 2024."