REX American Q1 EPS falls to $0.51 from $0.58 as net sales dip to $158.3 million
REX American Resources reported fiscal first quarter 2025 results for the three months ended April 30, 2025. Net sales and revenue, net income attributable to REX shareholders, and diluted earnings per share all declined from the year-earlier quarter, while the company repurchased 822,256 shares for about $32.7 million.
Key points
- Net sales and revenue were $158.3 million, down from $161.2 million in Q1 2024, which the company attributed mainly to lower volumes and lower sales prices for distiller grains.
- Net income attributable to REX shareholders was $8.7 million, versus $10.2 million a year earlier; diluted EPS was $0.51, versus $0.58.
- Gross profit was $14.3 million, compared with $14.5 million in Q1 2024.
- As of April 30, 2025, REX had $315.9 million of cash, cash equivalents and short-term investments and no bank debt; 1,181,963 shares remained under the board repurchase authorization.
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 May 28, 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.