REX American Resources (REX) reported first quarter net income attributable to shareholders of $10.2 million, compared to $5.2 million, last year. Net income per share was $0.58, compared to $0.30. Analysts polled by Thomson Reuters expected the company to report profit per share of $0.40, for the quarter. Analysts' estimates typically exclude special items.
Net sales and revenue was $161.2 million, compared with $212.7 million, last year. The company said the year-over-year net sales and revenue decrease primarily reflects reduced pricing for ethanol and co-products. Analysts on average had estimated $165.28 million in revenue.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.
For comments and feedback contact: editorial@rttnews.com
Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.