NYSE$REX

REX American Resources Corporation · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

REX American Resources reported first quarter fiscal 2022 results, showing a decrease in net income per share.

REX American Resources reported Q1 2022 results with net sales and revenue of $194.2 million compared to $164.0 million in Q1 2021. Net income attributable to REX shareholders was $5.2 million, a decrease from $7.8 million in the previous year. The company reported earnings of $0.87 per share.

  • Q1 2022 net sales and revenue increased to $194.2 million from $164.0 million in Q1 2021, driven by higher pricing of ethanol and related by-products.
  • Gross profit for continuing operations declined to $11.9 million in Q1 2022, compared to $19.5 million in Q1 2021, due to increased cost of sales.
  • Net income attributable to REX shareholders decreased to $5.2 million in Q1 2022 from $7.8 million in Q1 2021.
  • Basic and diluted net income per share attributable to REX common shareholders was $0.87, compared to $1.30 in Q1 2021.

Headline financials

Total Revenue

$194M

Previous: $164M+18.4%
EPS (adj)

$0.87

Previous: $0.43+102.3%
Capital Expenditures

-$1.46M

Previous: -$1.27M-15.4%
Free Cash Flow

$3.72M

Previous: $6.52M-42.9%
Net Income

$5.18M

Previous: $7.78M-33.4%
Operating Income

$6.71M

Previous: $7.81M-14.1%
Gross Profit

$11.9M

Previous: $17.8M-33.1%
Cash & Equivalents

$234M

Previous: $193M+21.2%

Revenue & EPS history

REX American · Revenue · Quarterly

$194M

Q1 2022+18.4%vs Q1 2021
Beat estimate in 9 of 16 quarters(56%)
ActualEstimate

Forward guidance

REX American Resources remains focused on creating shareholder value by strategically leveraging financial resources and progressing on its carbon capture project.

Tailwinds

  • Strategically leveraging financial resources.
  • Creating added shareholder value.
  • Continuing progress on carbon capture project.
  • Evaluating other opportunities.
  • Operating strategies success

Headwinds

  • Significant headwinds.
  • Inflationary impacts on major input costs.
  • Logistical challenges.
  • Pricing pressures across corn.
  • Pricing pressures across natural gas prices.

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 2022

Historical avgQ1 2022

+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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