Earnings Preview For REX American Resources
Portfolio Pulse from Benzinga Insights
REX American Resources (NYSE:REX) is scheduled to release its quarterly earnings report on Thursday, 2023-11-30. Analysts predict an EPS of $0.68. Investors are looking for an earnings beat and positive guidance for future growth. Historically, REX's stock price has shown varied reactions to earnings performance, with a 1.7% increase after a miss last quarter. Shares are currently trading at $36.65, up 5.95% over the last 52 weeks.
November 29, 2023 | 3:01 pm
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REX American Resources is anticipated to report an EPS of $0.68 for the upcoming quarter. Positive guidance and earnings beat could influence the stock positively, while a miss could lead to negative reactions.
Given the historical stock price increase of 1.7% following an EPS miss last quarter, a beat or positive guidance could lead to a similar or better reaction. However, the market's focus on guidance over actual earnings beat or miss adds uncertainty.
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