REX American Resources Reports Record Q1 EPS of $0.56, Net Income Doubles
REX has more than doubled off its 52-week low of $19.44.
Summary
REX American Resources reported record Q1 fiscal 2026 EPS of $0.56, with net income attributable to common shareholders more than doubling to $18.5 million year-over-year. This strong performance, which marks the best first quarter in company history for EPS, was significantly boosted by $7.5 million in production tax credit income. The company also noted it is nearing completion of an expansion at its One Earth ethanol facility, with full operational status planned for fiscal 2026. This positive earnings report provides a strong financial update, building on the 8-K filed earlier today.
At the time of this announcement, REX was trading at $49.18 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $1.6B. The 52-week trading range was $19.44 to $53.36. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Wiseek News.