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REX American Resources Corp - REX STOCK NEWS

Welcome to our dedicated news page for REX American Resources (Ticker: REX), a resource for investors and traders seeking the latest updates and insights on REX American Resources.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect REX American Resources's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of REX American Resources's position in the market.

Rhea-AI Summary
REX American Resources Corporation (NYSE: REX) reported Q3 '23 net sales and revenue of $221.1 million, reflecting a 10.4% increase in ethanol quantities sold. Gross profit increased 323.7% to $39.3 million, leading to a net income of $26.1 million, with a record $1.49 per share. The company's CEO highlighted the efficiency of operations and commitment to carbon sequestration initiatives.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
32.88%
Tags
earnings
-
Rhea-AI Summary
REX American Resources Corporation (REX) will report its fiscal 2023 third quarter financial results on November 30, with a conference call and webcast to review the results. Interested parties can access the call by dialing 212/231-2938 or by visiting the Investors section on the REX website at www.rexamerican.com.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.5%
Tags
conferences earnings
-
Rhea-AI Summary
REX American Resources Corporation reports Q2 '23 financial results with net sales and revenue of $212.0 million, a 11.6% decrease compared to Q2 '22. Gross profit increased by 30.1% to $18.4 million. Income before income taxes and non-controlling interests increased by 64.3% to $16.1 million. Net income attributable to REX shareholders was $9.1 million, a decrease from Q2 '22. CEO highlights focus on operational efficiency and carbon capture projects.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.07%
Tags
earnings
Rhea-AI Summary
REX American Resources reports Q2 '23 net income per share of $0.52. Net sales and revenue decline due to reduced ethanol quantities and lower prices. Gross profit increases 30.1% due to lower corn and natural gas pricing. Income before taxes and non-controlling interests increases 64.3% excluding COVID-19 relief grants. Net income attributable to REX shareholders decreases. CEO highlights focus on operational efficiency and carbon capture projects. Balance sheet shows cash and cash equivalents of $284.4 million. No specific positive or negative business takes identified.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.07%
Tags
earnings
-
Rhea-AI Summary
REX American Resources Corporation to report Q2 2023 financial results on August 30
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.86%
Tags
conferences earnings
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
12.45%
Tags
earnings
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
12.45%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.73%
Tags
conferences earnings
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.29%
Tags
earnings
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.65%
Tags
conferences earnings
REX American Resources Corp

NYSE:REX

REX Rankings

REX Stock Data

761.59M
14.43M
14.23%
82.6%
1.57%
All Other Basic Organic Chemical Manufacturing
Manufacturing
Link
United States
Dayton