REX American Resources Reports Fiscal 2020 Third Quarter EPS of $1.44
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Rex American Resources Corp. (REX) Tops Q3 EPS by $1.23, Revenues Beat
December 3, 2020 7:13 AM ESTRex American Resources Corp. (NYSE: REX) reported Q3 EPS of $1.44, $1.23 better than the analyst estimate of $0.21. Revenue for the quarter came in at $124.25 million versus the consensus estimate of $80 million.
REX American Resources Q3 20 results principally reflect its interests in six ethanol production facilities and its refined coal operation. The One Earth Energy, LLC (One Earth) and NuGen Energy, LLC (NuGen) ethanol production facilities are consolidated, as is the refined coal entity, while those of its four other ethanol plants are reported as equity in income of unconsolidated ethanol affiliates. The... More
