REX AMERICAN RESOURCES Corp Q2 FY2024 Earnings Call

REX AMERICAN RESOURCES Corp (REX)

Earnings Call FY2024 Q2 Call date: 2023-08-30 Concluded

Quarter scorecard

Revenue

$211.98M

-11.8% YoY

Diluted EPS

$0.26

Gross margin

8.7%

+2.8 pp YoY

Net income

$9.05M

-18.9% YoY

Ethanol $167.52M

-12.2%

Dried Distillers Grains $31.94M

-6.8%

Distillers Corn Oil $11.42M

-19.7%

Modified Distillers Grains $1.09M

-55.6%

Other $35,000

-36.4%

Derivative Financial Instruments -$29,000