FutureFuel Earnings Reports

FutureFuel Corp. reported a decrease in revenues and a net loss for the third quarter of 2024, primarily due to lower sales volumes and prices in the biofuel segment, and margin pressure in the chemical segment.

FutureFuel Corp. reported a net income of $9.6 million for Q2 2024, a significant improvement from the net loss of $9.9 million in Q2 2023. The company's performance reflects a recovering chemical industry and a competitive biofuels market. The sale of separated RINs and a reduced RIN inventory contributed significantly to the improved earnings.

FutureFuel Corp. reported weaker second-quarter results due to the timing of separated RIN sales, which were held in inventory and sold in July. The chemical segment continued to grow with improved margins.