REX American Resources Corporation (REX) released earnings for fourth quarter that decreased from the same period last year but beat the Street estimates.
The company's bottom line totaled $11.10 million, or $0.63 per share. This compares with $20.57 million, or $1.16 per share, last year.
Analysts on average had expected the company to earn $0.37 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 15.7% to $158.23 million from $187.61 million last year.
REX American Resources Corporation earnings at a glance (GAAP) :
-Earnings: $11.10 Mln. vs. $20.57 Mln. last year.
-EPS: $0.63 vs. $1.16 last year.
-Revenue: $158.23 Mln vs. $187.61 Mln last year.
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