Millrose: Q1 Earnings Snapshot

MIAMI (AP) — MIAMI (AP) — Millrose Properties Inc. (MRP) on Wednesday reported profit of $64.8 million in its first quarter.

The Miami-based company said it had net income of 39 cents per share.

The real estate investment trust that acquires and develops land for home builders posted revenue of $82.7 million in the period.

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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 MRP at https://www.zacks.com/ap/MRP

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