REX American Resources's Earnings Outlook
Portfolio Pulse from Benzinga Insights
REX American Resources (NYSE:REX) is scheduled to release its quarterly earnings report on March 28, 2024. Analysts predict an EPS of $0.68. The company's past earnings performance shows a mix of beats and misses, with the stock price reacting variably. Shares are currently trading at $43.8, up 54.77% over the last year. Investors are looking for positive guidance for the next quarter.
March 27, 2024 | 4:01 pm
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REX American Resources is anticipated to report an EPS of $0.68 for the upcoming quarter. Historical performance shows variability in stock price reactions post-earnings. Currently, shares have seen a significant increase over the past year.
Given the positive year-over-year share price increase and the anticipation of beating the EPS estimate, REX's stock is likely to see a positive short-term impact. However, the historical variability in post-earnings price reactions suggests caution.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100