Recap: REX American Resources Q1 Earnings

REX American Resources (NYSE:REX) reported its Q1 earnings results on Thursday, May 25, 2023 at 07:05 AM. Here’s…

REX American Resources (NYSE:REX) reported its Q1 earnings results on Thursday, May 25, 2023 at 07:05 AM.

Here’s what investors need to know about the announcement.

Earnings

REX American Resources beat estimated earnings by 275.0%, reporting an EPS of $0.3 versus an estimate of $0.08.

Revenue was up $18.49 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.16 which was followed by a 0.25% drop in the share price the next day.

Here’s a look at REX American Resources’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.31 0.12 0.60 -0.21
EPS Actual 0.47 0.18 0.63 0.87
Revenue Estimate 215.20M 209.90M 236.60M 182.80M
Revenue Actual 200.17M 220.28M 240.33M 194.23M

To track all earnings releases for REX American Resources visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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