tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

REX American Resources reports Q2 EPS 43c vs. 70c last year

Reports Q2 revenue $158.6M vs. $148.2M last year. “The second quarter continued REX‘s excellent track record in delivering value to shareholders, and marked our 20th consecutive quarter of positive earnings,” said Zafar Rizvi, CEO of REX. “Our ethanol expansion project remains on schedule for completion in 2026, further positioning us to deliver sustained long-term shareholder value. As we look forward to the remainder of the year, we are confident in the market forces supporting our core ethanol business and remain committed to our focus on maintaining and expanding our value proposition for investors. We are pleased with the extension of the provisions for 45Z and 45Q tax credits in the One Big Beautiful Bill Act, and the potential positive impact on our business moving forward.”

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1