Ethanol maker REX American Resources Q2 revenue rises, announces 2-for-1 stock split

REX American Resources

27/08/2025 12:39

Overview

REX fiscal Q2 revenue rises to $158.6 mln, driven by higher sales volumes

Net income per share declines to $0.43 from $0.70 in Q2 '24

Company announces 2-for-1 stock split, doubling outstanding shares

Outlook

Company expects ethanol expansion project completion in 2026

Company sees benefits from 45Z and 45Q tax credits in the One Big Beautiful Bill Act

REX confident in market forces supporting ethanol business

Result Drivers

HIGHER SALES VOLUMES - Revenue increase driven by higher ethanol sales volumes, despite lower ethanol and dried distiller grain pricing, according to the company

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
$158.56 mln
Q2 EPS
$0.43
Q2 Net Income
$9.33 mln


Analyst Coverage

The stock recently traded at 35 times the next 12-month earnings vs. a P/E of 21 three months ago

Press Release: ID:nBwLMGzMa

(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.)