REX American Resources reports Q2 EPS 70c vs 52c last year

Reports Q2 revenue $148.155M vs $211.977M last year. “REX American’s ethanol production operations continue to produce industry-leading results across varying market environments,” said Zafar Rizvi, REX Chief Executive Officer. “This quarter the REX team was again able to deliver standout gross margin and earnings per share. By keeping a focus on managing our expenses and seizing on opportunities available to us in the corn market REX continues to consistently deliver positive returns for our shareholders. “