NYSE$REX

REX American Resources Corporation · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

REX American Resources reported first quarter net income per share attributable to REX common shareholders of $1.30, compared to a net loss of $1.21 per share in the year-ago period.

REX American Resources reported a net income of $7.8 million and earnings per share of $1.30 for the first quarter of fiscal 2021, a significant improvement compared to the previous year, driven by higher ethanol production levels and improved pricing in the ethanol and by-products segments.

  • Net sales and revenue increased to $164.1 million, compared to $83.3 million in the same quarter last year.
  • Ethanol and by-products segment gross profit increased to $19.5 million, compared to a loss of $8.2 million in the prior year.
  • Net income attributable to REX shareholders was $7.8 million, a significant turnaround from the net loss of $7.6 million in the first quarter of the previous year.
  • Basic and diluted net income per share attributable to REX common shareholders was $1.30, compared to a net loss per share of $1.21 in the prior year.

Headline financials

Total Revenue

$164M

Previous: $83.3M+97.1%
EPS (adj)

$0.43

Previous: -$0.40+207.5%
Capital Expenditures

-$1.27M

Previous: -$4.7M+73.0%
Free Cash Flow

$6.52M

Previous: -$12.3M+152.8%
Net Income

$7.78M

Previous: -$7.64M+202.0%
Operating Income

$7.81M

Previous: -$13.9M+156.1%
Gross Profit

$17.8M

Previous: -$9.33M+290.8%
Cash & Equivalents

$193M

Previous: $196M-1.7%

Revenue & EPS history

REX American · Revenue · Quarterly

$164M

Q1 2021+97.1%vs Q1 2020
Beat estimate in 10 of 16 quarters(63%)
ActualEstimate

Forward guidance

The operating environment in the first quarter of fiscal 2021 was markedly better than the challenging environment experienced throughout most of fiscal 2020, with significant improvements to demand and pricing across our ethanol and by-products segments.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2021

Historical avgQ1 2021

+1.7%

Avg return

Earnings day

+0.8%

Avg return

5 days after

+0.1%

Avg return

30 days after

42%

25 / 59 earnings

Positive

+34.1%

Q4 2023

Best reaction

-22.9%

Q2 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026
Q3 2026+5.0%-2.7%-3.3%
Q2 2026+0.0%+2.6%+2.1%
Q1 2025-6.7%-2.2%+15.6%
Q4 2026+5.5%+2.6%+10.7%
Q3 2024-4.1%-6.1%-1.7%
Q2 2024-6.1%-4.5%-5.9%
Q1 2024-0.9%-0.3%-21.6%
Q4 2023+34.1%+36.4%+29.9%
Q3 2023+27.8%+16.5%+28.2%
Q2 2023-4.5%-4.6%-1.5%
Q1 2023+11.6%+11.6%+5.1%
Q4 2022-6.5%-3.5%-5.7%
Q3 2022+16.6%+1.3%+8.0%
Q2 2022-9.9%-13.3%-16.8%
Q1 2022-0.7%-1.7%-4.4%
Q4 2021-2.5%-6.9%-18.4%
Q3 2021+18.6%+10.5%+5.5%
Q2 2021-2.3%-4.7%-3.4%
Q1 2021+23.3%+22.3%+17.5%
Q4 2020-0.6%-4.5%-12.1%
Q3 2020+16.4%+9.8%-11.6%
Q2 2020-22.9%-20.3%-21.3%
Q1 2020-12.2%-7.9%-3.1%
Q3 2019-6.6%-11.2%-11.3%
Q2 2019-1.2%+4.5%+9.2%
Q1 2019-11.7%-5.9%-4.5%
Q4 2018-0.8%+1.4%+3.8%
Q3 2018+1.0%+4.8%-0.5%
Q2 2018-1.5%+1.8%-5.6%
Q1 2018-5.3%-4.2%+6.1%
Q4 2017-12.1%-16.8%-13.0%
Q3 2017+5.8%+2.6%-4.3%
Q2 2017-7.8%-8.2%-0.2%
Q1 2017-3.7%-3.3%-1.5%
Q4 2016+7.8%+13.9%+10.0%
Q3 2016+9.3%+11.3%+11.2%
Q2 2016+11.0%+10.1%+11.9%
Q1 2016-1.4%+0.3%+2.1%
Q4 2015-6.3%
Q3 2015-16.2%
Q2 2015+15.7%
Q1 2015-3.4%
Q4 2014+8.2%
Q3 2014+2.7%
Q2 2014+19.2%
Q1 2014+14.9%
Q4 2013-6.0%
Q3 2013+26.6%
Q2 2013-8.5%
Q1 2013+16.7%
Q4 2012-11.4%
Q3 2012-3.0%
Q2 2012-6.5%
Q1 2012+3.5%
Q4 2010-7.6%
Q3 2011+6.6%
Q2 2011+0.8%
Q4 2011+0.8%
Q1 2011-7.0%

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