Rex American Resources Co.

REX American Resources reported record EPS of $1.06 in the second quarter of 2026, comfortably beating consensus estimates, while revenue of $168.5 million missed expectations. Gross profit rose sharply to $53.3 million, supported by improved crush margins and roughly $18.4 million in Section-45Z tax credits. The company ended the quarter with $379.5 million in cash, no bank debt, and confirmed progress on the One Earth Energy expansion as well as permitting for CO2 capture. The stock reacted only moderately negatively in premarket trading as investors weighed the revenue decline against markedly higher profitability. » Mais em de.investing.com

The board of directors of Rex American Resources has approved, at the recommendation of the compensation committee, a new agreement to grant Restricted Stock Units (RSUs) under the 2026 Incentive Plan. The details of the agreement are attached as an exhibit to the Form 8-K filed with the SEC. The decision comes as the stock trades around $43.97 and the company has a market capitalization of about $1.45 billion. » Mais em de.investing.com

REX American Resources reported its most profitable first quarter on a net income per share basis, marking a 23rd consecutive profitable quarter, helped by recognition of Section 45Z production tax credits and reduced corn pricing. The company holds $364.3 million in cash with zero bank debt and converted 45Z credits to operating income, contributing $7.5 million this quarter. Expansion at the Gibson City ethanol facility remains on track for end-2026, and REX plans carbon capture and ethanol projects with total investments of $220–230 million. Management books the 45Z credit conservatively at $0.10 per gallon, is pursuing EPA permitting for carbon injection, and expects a positive outlook for Q2. » Mais em finance.yahoo.com