J. W. Mays 10/24/2024 Earnings Report

J. W. Mays EPS Results

• Actual EPS: -$0.01
• Consensus EPS: N/A
• Beat/Miss: N/A
• One Year Ago EPS: N/A

J. W. Mays Revenue Results

• Actual Revenue: $5.49 million
• Expected Revenue: N/A
• Beat/Miss: N/A
• YoY Revenue Growth: N/A

J. W. Mays Announcement Details

• Date: 10/24/2024
• Time: Before Market Opens
• Conference Call Date: N/A
• Conference Call Time: N/A

J.W. Mays, Inc. (NASDAQ: MAYS) is a New York–based real estate holding company that traces its roots to the department store chain founded by Joseph Wesley Mays in 1924. After winding down its retail operations in the early 1980s, the company redeployed its capital into property ownership, repositioning itself as a landlord and property manager focused on income‐producing real estate assets.

The company’s core business activities include acquisition, leasing and management of commercial, retail and multi-family residential properties. MAYS seeks to generate stable rental revenues through long‐term lease agreements and employs an in-house property management team to oversee day-to-day operations, tenant relations and maintenance services across its portfolio.

J.W. Mays holds a concentrated property portfolio in the New York metropolitan area, with assets in Manhattan, Brooklyn and Nassau County on Long Island. The company targets well-located office and retail buildings as well as garden‐style apartment complexes, aiming to benefit from urban demand and limited new construction in its primary markets.

Governed by a small board of directors and supported by a lean executive staff, J.W. Mays emphasizes disciplined capital allocation and selective property upgrades. Its strategy centers on preserving the historical character of its holdings while pursuing opportunities to enhance occupancy and rental rates through targeted improvements.