REX American Resources reports Q3 EPS $1.49, consensus 68c

Reports Q3 revenue $221.08M, consensus $205.99M. REX American Resources’ CEO, Zafar Rizvi, commented, “Our fiscal third quarter results mark the best quarterly net income and earnings per share results in our 39 year history as a public company and highlights the strength of our ethanol operations. The substantial increase in income before taxes to $41.3 million underscores the efficiency of our operations and our ability to capitalize on favorable industry conditions.