FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC. reported second-quarter results for the three months ended April 30, 2026, with revenue of $7.63M, net income attributable to common equity of $0.616M and diluted EPS of $0.08. Revenue rose modestly year‑over‑year while net income and EPS declined versus the year‑ago quarter.
Financial Highlights
- Revenue: $7.63M for Q2 2026, compared with $7.26M in the year‑ago quarter; YoY change 5.2%.
- Net income: $0.616M attributable to common equity for Q2 2026, compared with $0.894M in the year‑ago quarter; YoY change (31.1%).
- Diluted EPS: $0.08 for Q2 2026, compared with $0.12 in the year‑ago quarter; YoY change (33.3%).
Business Highlights
- Real estate revenue growth: Real estate revenue…