REX (REX) Q3 Earnings and Revenues Top Estimates
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REX (REX) reported Q3 earnings of $1.38 per share, surpassing the Zacks Consensus Estimate of $0.72. This is a decrease from last year's $1.49 per share.
December 03, 2024 | 3:00 pm
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REX's Q3 earnings of $1.38 per share exceeded expectations, which were set at $0.72 per share. Despite this positive surprise, earnings are down from $1.49 per share a year ago.
The earnings report shows a significant positive surprise, as REX's earnings per share were nearly double the expected amount. This positive surprise is likely to have a short-term positive impact on the stock price, despite the year-over-year decline in earnings.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100