Green Plains Inc Q3 revenue misses estimates

Green Plains

05/11/2025 12:04

Overview

Green Plains Q3 revenue missed analyst expectations, declining 22.8% yr/yr

Net income fell due to $35.7 mln non-recurring interest expense

Company completed sale of Obion plant, repaid $130.7 mln debt

Outlook

Green Plains expects $15 - $25 mln in 45Z tax credit monetization for Q4

Company anticipates $40 - $50 mln of 45Z-related Adjusted EBITDA in 2025

Result Drivers

PLANT SALE - Sale of Obion, Tennessee plant completed, proceeds used to repay $130.7 mln debt, strengthening balance sheet

CARBON CAPTURE - Carbon capture systems operational in Nebraska, providing carbon intensity advantage

TAX CREDITS - 45Z production tax credits recorded as income tax benefit, contributing to adjusted EBITDA

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Miss
$508.50 mln
$582.13 mln (7 Analysts)
Q3 EPS
$0.17
Q3 Net Income
$11.90 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 4 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the renewable fuels peer group is "hold."

Wall Street's median 12-month price target for Green Plains Inc is $10.00, about 0.2% below its November 4 closing price of $10.02

Press Release: ID:nBwgyT4Ta

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)