REX American Resources Corp reports results for the quarter ended October 31 - Earnings Summary

REX American Resources

03/12/2024 14:31

* REX American Resources Corp  REX.N  reported quarterly
adjusted
earnings of $1.38​​ per share for the quarter ended October 31,
lower than the same quarter last year, when the company reported
EPS of $1.49.  The mean expectation of two analysts for the
quarter was for earnings of 72 cents per share. 
    * Revenue fell 20.9% to $174.88 million from a year ago;
analysts
expected $158.51 million. 
    * REX American Resources Corp's reported EPS for the quarter
was
$1.38​.
    * The company reported quarterly net income of $24.5
million.
    * REX American Resources Corp shares had fallen by 6.1% this
quarter and lost 8.1% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged 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 $62.25 
This summary was machine generated from LSEG data December 3 at
02:31 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
 Oct. 31 2024      0.72           1.38           Beat
 Jul. 31 2024      0.70           0.70           Met
 Apr. 30 2024      0.40           0.58           Beat
 Jan. 31 2024      0.68           1.16           Beat