Green Plains (GPRE) Misses Q3 EPS, Revenue Beats

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Go back to Green Plains (GPRE) Misses Q3 EPS, Revenue Beats

Green Plains Reports Third Quarter 2022 Financial Results

November 3, 2022 7:30 AM EDT

Results for the Third Quarter of 2022:

EPS of $(1.27) per basic and diluted share, compared to EPS of $(1.18) per basic and diluted share for the same period in the prior yearResults driven by record high corn basis levels, seasonal plant maintenance at 10 of 11 plants and lower of cost or market adjustment on inventoryProgress on high protein ingredient sales programs remains on track with execution of 25% higher pet food sales volumes for 2023 and growing customer engagement and sales in Latin America and Asia, in addition to growing volumes in aquacultureKey milestones... More