REX American Resources Reports Fiscal First Quarter 2026 Net Income Per Share Attributable to REX Common Shareholders of $0.56
REX American Resources reported record Q1 2026 diluted EPS of $0.56, up from $0.26 a year earlier, driven by a gross profit jump to $29.1 million from $14.3 million. Revenue was slightly down at $156.5 million due to lower ethanol pricing, but this was more than offset by lower corn costs and $7.5 million in new production tax credit income under early adoption of ASU 2025-10.
Key figures
- Eps
- 0.56
- Eps Beat
- 0
- Revenue
- 156500000
- Revenue Yoy
- -1.1%
- Bank debt
- 0
- Net income
- 18500000
- Gross profit
- 29100000
- Capex one earth
- 176300000
- Cash and investments
- 364300000
- Ethanol sales volume
- 71.1 million gallons
- Budgeted capex one earth
- $220-$230 million
- Production tax credit income
- 7500000
AI analysis
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