REX American Resources Reports Fiscal 2024 Third Quarter Net Income Per Share Attributable to REX Common Shareholders of $1.38, the Second-Best Quarterly Result in Company History
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REX American Resources reported a net income per share of $1.38 for fiscal Q3 2024, marking the second-best quarterly result in the company's history. The results reflect REX's interests in six ethanol production facilities, including One Earth Energy and NuGen Energy.
December 03, 2024 | 12:45 pm
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REX American Resources reported strong fiscal Q3 2024 earnings with a net income per share of $1.38, the second-best in its history, driven by its ethanol production facilities.
The strong earnings report, with a net income per share of $1.38, indicates robust performance and could lead to a positive short-term impact on REX's stock price. The results are significant as they are the second-best in the company's history, suggesting operational efficiency and strong market demand.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100