Rex American Resources ( (REX) ) has released its Q2 earnings. Here is a breakdown of the information Rex American Resources presented to its investors.
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REX American Resources Corporation is a prominent player in the ethanol production industry, operating six ethanol production facilities with a significant annual production capacity. The company is known for its strategic investments in energy efficiency and carbon capture projects.
In its fiscal second quarter of 2025, REX American Resources reported net income per share of $0.43, alongside a 2-for-1 stock split announcement. The company’s gross profit for the quarter was $14.3 million, with net sales and revenue reaching $158.6 million.
Key financial highlights include a year-over-year increase in net sales and revenue, driven by higher production volumes, despite a decline in ethanol and dried distiller grain pricing. The company also reported a decrease in gross profit and net income attributable to shareholders compared to the same period last year. REX continues to advance its ethanol production expansion and carbon capture projects, with significant capital expenditures allocated towards these initiatives.
Looking ahead, REX American Resources remains optimistic about its growth prospects, supported by ongoing market forces and legislative incentives. The company is committed to enhancing shareholder value through its strategic projects and operational efficiencies.