REX American Resources (NYSE:REX) Releases Earnings Results, Beats Expectations By $0.36 EPS

REX American Resources (NYSE:REX) issued its quarterly earnings data on Wednesday. The energy company reported $0.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.36, RTT News reports. REX American Resources had a net margin of 10.07% and a return on equity of 11.05%. During the same period last year, the company posted $1.16 EPS.

REX American Resources Trading Down 0.8 %

REX opened at $36.63 on Wednesday. The firm has a market cap of $643.48 million, a price-to-earnings ratio of 9.59 and a beta of 0.92. The stock’s 50-day moving average price is $39.93 and its 200 day moving average price is $42.65. REX American Resources has a 12-month low of $35.40 and a 12-month high of $60.79.

Analysts Set New Price Targets

Separately, Truist Financial decreased their price objective on shares of REX American Resources from $60.00 to $55.00 and set a “buy” rating on the stock in a report on Monday, December 9th.

REX American Resources Company Profile

REX American Resources Corporation, together with its subsidiaries, produces and sells ethanol in the United States. The company also offers corn, distillers grains, ethanol, distillers corn oil, gasoline, and natural gas. In addition, it provides dry distillers grains with solubles, which is used as a protein in animal feed.