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Oct 31, 2020
REX American Q3 2020 Earnings Report
Reported fiscal 2020 third quarter earnings with EPS of $1.44.
Key Takeaways
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.
Net sales and revenue increased by 43.4% to $124.3 million compared to Q3 2019.
Ethanol and by-products segment gross profit rose to $18.9 million, up from $0.03 million in Q3 2019.
Net income attributable to REX shareholders was $8.8 million, compared to a net loss of $2.1 million in Q3 2019.
The company repurchased 198,173 REX shares during the quarter.
REX American
REX American
REX American Revenue by Segment
Revenue by Segment
Ethanol & by-products Revenue
CapyFin.com Forward Guidance
No specific forward guidance was provided in the press release.