REX American Resources reports Q1 EPS 51c vs. 58c last year

Reports Q1 revenue $158.34M vs. $161.23M last year. “The first quarter continued to reflect what we at REX take pride in-strong financial performance, delivering value to our shareholders, and positioning ourselves for the future,” said Zafar Rizvi, CEO of REX. “We achieved our 19th consecutive quarter of positive earnings in our core ethanol business, repurchased more than 822,000 shares, and continued evaluating how best to advance our growth initiatives to meet future challenges. We accomplished all of this-and plan to take similar steps moving forward-because we believe that staying true to our core values is the best strategy in an uncertain environment. This commitment not only supports current growth and profitability, but also lays the groundwork for long-term success. We remain dedicated to our mission of delivering results and meeting even greater challenges ahead.”