REX American Resources Reports Fiscal 2020 First Quarter Results

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Rex American Resources Corp. (REX) Misses Q1 EPS by $1.72, Revenues Miss

May 28, 2020 7:02 AM EDT

Rex American Resources Corp. (NYSE: REX) reported Q1 EPS of ($1.21), $1.72 worse than the analyst estimate of $0.51. Revenue for the quarter came in at $83.25 million versus the consensus estimate of $110.6 million.

REX American Resources Chief Executive Officer, Zafar Rizvi, commented, The first quarter of fiscal 2020 marked one of the more challenging periods we have encountered in ethanol production as the onset of the Covid-19... More