Earnings Outlook For REX American Resources
Portfolio Pulse from Benzinga Insights
REX American Resources (NYSE:REX) is set to release its latest quarterly earnings report on August 30, 2023. Analysts estimate an earnings per share (EPS) of $0.66. The company's past performance shows a pattern of beating EPS estimates but experiencing a drop in share price the following day. The company's shares were trading at $40.56 as of August 28, with a 33.04% increase over the last 52-week period.
August 29, 2023 | 3:01 pm
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REX American Resources is expected to report an EPS of $0.66. Despite consistently beating EPS estimates, the company's share price has typically dropped the day after earnings announcements.
REX American Resources has a history of beating EPS estimates but experiencing a drop in share price the following day. This pattern, if repeated, could lead to a short-term decrease in the company's stock price following the earnings announcement.
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