REX American Resources Corp reports results for the quarter ended in January - Earnings Summary

REX American Resources

28/03/2024 13:31

* REX American Resources Corp  REX.N  reported quarterly
adjusted
earnings of $1.16​​ per share for the quarter ended in January,
higher than the same quarter last year, when the company
reported EPS of 47 cents.  The mean expectation of two analysts
for the quarter was for earnings of 68 cents per share. Wall
Street expected results to range from 66 cents to 71 cents per
share.
    * Revenue fell 6.3% to $187.61 million from a year ago;
analysts
expected $190.26 million. 
    * REX American Resources Corp's reported EPS for the quarter
was
$1.16​.
    * The company reported quarterly net income of $20.57
million.
    * REX American Resources Corp shares had fallen by 7.1% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 6.4%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the renewable
fuels
peer group is  "buy."

Wall Street's median 12-month price target for REX American
Resources Corp is $53.25 
This summary was machine generated from LSEG data March 28 at
01:31 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jan. 31 2024      0.68           1.16           Beat
 Oct. 31 2023      0.69           1.49           Beat
 Jul. 31 2023      0.66           0.52           Missed
 Apr. 30 2023      0.08           0.30           Beat