Green Plains (GPRE) Misses Q1 EPS by 92c

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Green Plains Reports First Quarter 2022 Financial Results

May 2, 2022 7:30 AM EDT

Results for the First Quarter of 2022 and Outlook for Remainder of 2022:

First quarter EPS of ($1.16) per diluted share, compared to ($0.17) for the same period in the prior yearAdjusted EBITDA of ($27.8) million compared to $15.4 million for the same period in the prior yearConsolidated crush margin of ($0.07) per gallon for the first quarterCash, cash equivalents, restricted cash and marketable securities of $629.2 million with $45.0 million available under a committed credit facilityPlant modernization and upgrade programs completed, returning platform to full utilization rate capability2022 outlook improving based on... More