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[SITUATION] · [ACTIVE] · [BUSINESS]
2 clusters · 6 sources · 6 days · First seen · Last updated
REX American Resources fiscal performance
Overview
REX American Resources Corporation reported record financial results for its fiscal second quarter of 2026. The ethanol producer achieved diluted earnings per share of $1.06, a significant increase from the $0.22 reported in the same period the previous year.
Total revenue for the quarter reached $168.5 million, up from $158.6 million in Q2 2025, driven largely by improved pricing. The company reported a net income of $34.9 million, compared to $7.1 million in the prior-year period. Gross profit rose to $53.3 million from $14.3 million year-over-year, benefiting from improved crush margins and $18.4 million in production tax credit income.
Operationally, the company manages six ethanol production facilities and noted that it received a Class VI injection well draft permit from the U.S. EPA.
Entities
Waterdrop · U.S. EPA · Cango · REX American Resources · REX American Resources Corporation
Timeline
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4 days ago
[BUSINESS] 2 sourcesCorporate earnings reports show mixed results for GitLab, REX American, and WaterdropVarious corporations, including GitLab, REX American Resources, and Waterdrop, have released quarterly earnings reports showing mixed results in revenue growth, net income, and operational restructuring.
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9 days ago
[BUSINESS] 4 sourcesREX American Resources reports record fiscal Q2 2026 earningsREX American Resources reported record fiscal Q2 2026 results, with net income per share rising to $1.06 from $0.22 in the previous year on improved margins and tax credits.
Sources
last10k.com · levisonenterprises.com · news.alphastreet.com · rocketnews.com · seekingalpha.com · theascent.com