REX American Resources' Q2 profit surges on tax credits, higher margins

REX American Resources

02/09/2026 12:40

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Overview
    * U.S. ethanol producer's fiscal Q2 revenue rose yr/yr on improved pricing
    * Fiscal Q2 net income and EPS surged, aided by production tax credits and better margins
    * Company received draft EPA permits for carbon capture project at One Earth facility

    
Outlook
    * Company expects One Earth ethanol expansion to become operational during fiscal 2026
    * Company received EPA draft permits for carbon capture project, advancing regulatory process

    
Result Drivers
    * IMPROVED PRICING - Co said higher selling prices for ethanol and co-products contributed to increased revenue and gross profit
    * PRODUCTION TAX CREDITS - Section 45Z tax credit program contributed $18.4 mln directly to gross profit in Q2
    * CRUSH MARGINS - Co said improved crush margins boosted gross profit excluding tax credits

    
Company press release:  ID:nBwc7SZrna 
    
Key Details
 Metric    Beat/Mis  Actual    Consensu
           s                   s
                               Estimate
 Q2                  $168.49    
 Revenue             mln       
 Q2 EPS              $1.06      
    
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For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact .

    (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.)