Rex American Resources Corp. (REX) Tops Q4 EPS by 25c

Rex American Resources Corp. (NYSE: REX) reported Q4 EPS of $0.59, $0.25 better than the analyst estimate of $0.34. Revenue for the quarter came in at $126.02 million versus the consensus estimate of $127 million.

REX American Resources’ Chief Executive Officer, Zafar Rizvi, commented, “Fiscal 2020 proved to be a challenging year with the impact of Covid, however we are pleased to report earnings per share of $0.59 for the fourth quarter on the back of a profitable third quarter, reflecting the resiliency of our business and the efficiency of our plants and operations.”

“As we move forward into 2021 with all of our plants in operation, we remain optimistic for improved ethanol demand as we emerge from the impact of the pandemic and continue to be focused on creating additional shareholder value through our disciplined operating approach and strategic use of our strong balance sheet and liquidity position.”

For earnings history and earnings-related data on Rex American Resources Corp. (REX) click here.

You May Also Be Interested In

• Citrini flags overheating concerns as leverage, chip rally weigh on KOSPI
• Morgan Stanley lifts server market TAM to $809B, boosts targets on compute stocks
• Ferrari names new chief marketing officer, effective July 2026