REX American Resources Corporation (NYSE:REX) is set to announce second quarter earning results on Wednesday 26th August 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, REX to report 2Q20 loss of $ 0.26 per share from revenue of $ 82.00 million.
For the full year, analysts anticipate top line of $ 352.00 million, while looking forward to income of $ 0.53 per share bottom line.
Previous Quarter Performance
REX American Resources Corporation communicated loss for the first quarter of $ 1.21 per share, from the revenue of $ 83.25 million. The consensus estimates are $ 110.60 million in revenue The top line results fell short of analysts by $ 27.35 million or 24.73 percent.
Stock Performance
Shares of REX American Resources Corporation traded low $ -0.73 or -0.94 percent on Tuesday, reaching $ 77.00 with volume of 6.60 thousand shares. The stock opened positive for the day at $ 77.74, after closing the previous day trading at $ 77.73.
According to the previous trading day, closing price of $ 77.73, representing a 129.90 % increase from the 52 week low of $ 33.81 and a 21.32 % decrease over the 52 week high of $ 98.79.
The company has a market capital of $ 476.22 million and is part of the Basic Materials sector and Chemicals industry.
Conference Call
REX American Resources Corporation will be hosting a conference call at 11:00 AM eastern time on 26th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website edge.media-server.com/mmc/p/9k3wn2qo
REX American Resources Corporation, together with its subsidiaries, produces and sells ethanol. It operates through two segments, Ethanol and By-Products, and Refined Coal. The company also offers dried distillers grains, modified distillers grains, non-food grade corn oil, and others.
