Rex American Resources Corp. (REX) Reports Q1 EPS of $1.30 on Revenues of $164.1M

Rex American Resources Corp. (NYSE: REX) reported Q1 EPS of $1.30, versus ($1.21) reported last year. Revenue for the quarter came in at $164.1 million, versus $105 million reported last year.

REX American Resources’ Chief Executive Officer, Zafar Rizvi, commented, “The operating environment in the first quarter of fiscal 2021 was markedly better than the challenging environment we experienced throughout most of fiscal 2020, with significant improvements to demand and pricing across our ethanol and by-products segments. With all of our high-quality plants in operation, we were able to leverage our strategic locations across the corn belt and healthy liquidity position to generate first quarter net income of $7.8 million and earnings per share of $1.30.”

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

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