Loading...
•
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.
Forward Guidance
No specific forward guidance was provided in the press release.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...