FRP Holdings, Inc. Announces Release Date for Its 2022 Second Quarter Earnings and Details for the Earnings Conference Call
FRP Holdings, Inc. (NASDAQ: FRPH) is set to release its second-quarter earnings results on August 11, 2022, followed by a conference call on August 12 at 10:00 a.m. EDT. Interested parties can access the call by calling designated numbers for U.S. and international participants. The company is involved in various real estate activities, including leasing commercial properties and managing mining royalty land. Investors are warned of potential risks tied to market conditions, the impact of the COVID-19 pandemic, and other uncertainties that may affect financial outcomes.
- None.
- Risks associated with COVID-19 may impact operations and financial results.
- Potential inability to find suitable reinvestment opportunities.
- Vacancies in properties could affect revenue.
- Competition in the real estate market may impact profitability.
- Risks related to financing projects or repaying debt.
- Environmental liabilities and inflation risks could pose challenges.
JACKSONVILLE, Fla., Aug. 09, 2022 (GLOBE NEWSWIRE) -- FRP Holdings, Inc. (NASDAQ: FRPH) anticipates issuing its second-quarter earnings results on Thursday, August 11, 2022. The Company will also host a conference call on Friday, August 12, 2022 at 10:00 a.m. (EDT). Analysts, stockholders and other interested parties may access the teleconference live by calling 1-800-343-4849 (passcode 91003) within the United States. International callers may dial 1-203-518-9848 (passcode 91003). Audio replay will be available until August 26, 2022 by dialing 1-800-943-2127 (passcode 17717) within the United States. International callers may dial 1-402-220-1139 (passcode 17717). An audio replay will also be available on the Company’s investor relations page (https://www.frpdev.com/investor-relations/) following the call.
FRP Holdings, Inc. is a holding company engaged in the real estate business, namely (i) leasing and management of commercial properties owned by the Company, (ii) leasing and management of mining royalty land owned by the Company, (iii) real property acquisition, entitlement, development and construction primarily for apartment, retail, warehouse, and office, (iv) leasing and management of a residential apartment building.
Investors are cautioned that any statements in this press release which relate to the future are, by their nature, subject to risks and uncertainties that could cause actual results and events to differ materially from those indicated in such forward-looking statements. These include, but are not limited to: the impact of the Covid-19 Pandemic on our operations and financial results; the possibility that we may be unable to find appropriate reinvestment opportunities for the proceeds from the Sale Transaction; levels of construction activity in the markets served by our mining properties; demand for flexible warehouse/office facilities in the Baltimore-Washington-Northern Virginia area demand for apartments in Washington D.C. and Richmond, Virginia; our ability to obtain zoning and entitlements necessary for property development; the impact of lending and capital market conditions on our liquidity; our ability to finance projects or repay our debt; general real estate investment and development risks; vacancies in our properties; risks associated with developing and managing properties in partnership with others; competition; our ability to renew leases or re-lease spaces as leases expire; illiquidity of real estate investments; bankruptcy or defaults of tenants; the impact of restrictions imposed by our credit facility; the level and volatility of interest rates; environmental liabilities; inflation risks; cybersecurity risks; as well as other risks listed from time to time in our SEC filings; including but not limited to; our annual and quarterly reports. We have no obligation to revise or update any forward-looking statements, other than as imposed by law, as a result of future events or new information. Readers are cautioned not to place undue reliance on such forward-looking statements.
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