REX American Earnings Reports

REX American Resources posted solid Q1 2025 results with continued profitability, executing major share repurchases, and advancing key ethanol and carbon capture projects.

The company experienced a year-over-year decline in revenue and net income in Q4 2024, primarily driven by lower product pricing. Gross profit was impacted but partially offset by decreased corn and natural gas prices and higher ethanol production volumes.

REX American Resources reported a significant increase in net income attributable to REX common shareholders, reaching $26.1 million or $1.49 per share, marking the best quarterly results in the company's history. This improvement was driven by higher sales and revenue, increased gross profit due to decreased input costs, and efficient operations.

REX American Resources reported a decrease in net sales and revenue, but an increase in gross profit due to lower corn and natural gas pricing. The company's focus on operational efficiency resulted in its twelfth consecutive quarter of profitability.

REX American Resources Corporation reported a 9.5% increase in net sales and revenue to $212.7 million for Q1 2023, with net income attributable to REX shareholders remaining consistent at $5.2 million. The company's basic and diluted net income per share attributable to REX common shareholders was $0.30, compared to $0.29 per share in Q1 2022.

REX American Resources reported Q3 2022 net sales and revenue of $220.3 million, compared to $203.1 million in Q3 2021. Net income attributable to REX shareholders from continuing operations was $3.2 million, or $0.18 per share, compared to $13.3 million, or $0.74 per share in Q3 2021. The company faced challenges from rising corn and natural gas prices, but maintained a strong balance sheet with approximately $290 million in cash and short-term investments and no debt.

REX American Resources reported a strong second quarter in fiscal year 2022, with a 23% increase in net sales and a 43% increase in net income per share, driven by higher pricing of ethanol and by-products.

REX American Resources reported Q1 2022 results with net sales and revenue of $194.2 million compared to $164.0 million in Q1 2021. Net income attributable to REX shareholders was $5.2 million, a decrease from $7.8 million in the previous year. The company reported earnings of $0.87 per share.

REX American Resources reported strong Q3 2021 results, driven by improved pricing across ethanol products which offset higher input costs. Earnings per share increased to $2.56, and the company continues to focus on efficiencies and operational excellence.

REX American Resources reported a net income of $7.9 million and earnings per share of $1.31 for Q2 2021, driven by increased ethanol production levels and higher ethanol, distillers grains, and corn oil pricing compared to the prior year. The company's board of directors has authorized the repurchase of up to an additional 500,000 shares of its common stock.

REX American Resources reported a net income of $7.8 million and earnings per share of $1.30 for the first quarter of fiscal 2021, a significant improvement compared to the previous year, driven by higher ethanol production levels and improved pricing in the ethanol and by-products segments.

REX American Resources Corporation reported a strong third quarter with net sales and revenue rising 43.4% to $124.3 million. The company reported a net income attributable to REX shareholders of $8.8 million, or $1.44 per share.

REX American Resources reported a net loss attributable to shareholders of $1.7 million for Q2 2020, compared to a net income of $2.3 million in Q2 2019. The decline was primarily due to lower ethanol production levels and pricing, driven by the impact of the COVID-19 pandemic. The company temporarily idled its NuGen Energy and One Earth Energy plants to preserve financial liquidity.

REX American Resources reported a net loss attributable to REX shareholders of $7.6 million, or $1.21 per share, compared to a net income of $2.8 million, or $0.45 per share in Q1 2019. The company's net sales and revenue decreased to $83.3 million from $104.6 million in the prior year, primarily due to lower ethanol gallons sold and overall production decline from the temporary idling of the NuGen plant. The company is reopening the One Earth plant and has repurchased over 108,000 REX common shares.

REX American Resources reported a rise in Q4 2019 net sales and revenue to $120.9 million, driven by higher ethanol pricing, resulting in an improved gross profit for the ethanol and by-products segment. The company's Q4 diluted EPS was $0.70, and the company faces challenges including the COVID-19 pandemic and its impact on fuel demand.