Green Plains shares reverse course on revenue beat

Green Plains

02/05/2022 17:55

(Updates)
    ** Ethanol fuel producer's shares  GPRE.O  up as much as
6.6% at $29.93 
    ** Q1 revenue jumps 41% to $781.4 mln, beating estimates of
$720.6 mln
    ** Company posts bigger Q1 loss of $1.16/shr from $0.17/shr
a year earlier
    ** Analysts had expected a loss of 24 cents per share -
Refinitiv data
    ** Including session moves, GPRE down ~17% YTD

 (Reporting by Mehnaz Yasmin in Bengaluru)
 ((Mehnaz.Yasmin@thomsonreuters.com))