Rentech Inc. (RTK) reported third-quarter net income of $36.132 million compared to a net loss of $7.772 million last year. Earnings per share were $0.22 compared to a loss of $0.05 per share a year ago. On average, 5 analysts polled by Thomson Reuters expected the company to report profit of $0.08 per share for the quarter.
Total revenues increased to $91.417 million from $60.374 million last year. Analysts expected revenues of $71.08 million for the quarter.
Rentech projects that its earnings per share will be positive for fiscal 2009.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.