Shr 71 cts vs 15 cts    Net 4,234,000 dlrs vs 803,000 dlrs
    Revs 15.4 mln dlrs vs 10.3 mln dlrs
    12 mths
    Shr 1.26 dlrs vs 67 cts
    Net 7,299,000 dlrs vs 3,607,000 dlrs
    Revs 52.5 mln dlrs vs 40.7 mln dlrs
    NOTE: Empire's investment in the Deltona Corp is reported
on the equity method beginning the fourth qtr of 1986. Amounts
for 1985 and the first three qtrs of 1986 have been restated to
reflect the retroactive application.
    During 1986, the 17-1/2 pct debentures and 9-7/8 dlrs
preferred stock were redeemed or converted resulting in
6,028,755 common shares outstanding at December 31, 1986 as
compared to 2,408,766 common shares outstanding at December 31,
1985.
 Reuter
