REX American Resources Q4 EPS falls to $0.63 from $1.16 as ethanol prices drop
REX American Resources reported lower fourth-quarter and full fiscal 2024 sales and profit than a year earlier, as lower ethanol and co-product prices reduced revenue. Diluted EPS was $0.63 in the quarter versus $1.16, and $3.30 for the full year versus $3.47. The company also said its One Earth ethanol expansion will finish later than the mid-2025 target and now has a budget of $220-$230 million.
Key points
- Q4 net sales and revenue were $158.2 million versus $187.6 million; Q4 gross profit was $17.6 million versus $30.4 million.
- Full fiscal 2024 net sales and revenue were $642.5 million versus $833.4 million; diluted EPS was $3.30 versus $3.47.
- One Earth ethanol expansion is budgeted at $220-$230 million, with completion now expected after the middle of 2025.
- On March 25, 2025, the board authorized up to 1.5 million additional shares for repurchase; the company reported $359.1 million in cash and short-term investments and no bank debt as of January 31, 2025.
The filing
Written by AI on Nov 8, 2026, 6:57 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on March 26, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.