NYSE$REX

REX American Resources Corporation · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

REX American Resources reported second quarter net income and EPS, driven by higher ethanol production and pricing.

REX American Resources reported a net income of $7.9 million and earnings per share of $1.31 for Q2 2021, driven by increased ethanol production levels and higher ethanol, distillers grains, and corn oil pricing compared to the prior year. The company's board of directors has authorized the repurchase of up to an additional 500,000 shares of its common stock.

  • Net sales and revenue increased to $195.8 million, compared to $39.3 million in Q2 2020.
  • Ethanol and by-products segment gross profit increased to $14.2 million, compared with $0.6 million in Q2 2020.
  • Net income attributable to REX shareholders was $7.9 million, compared to a net loss of $1.7 million in Q2 2020.
  • Basic and diluted net income per share attributable to REX common shareholders was $1.31, compared to a net loss per share of $0.28 in Q2 2020.

Headline financials

Total Revenue

$196M

Previous: $39.3M+398.0%
EPS (adj)

$0.44

Previous: -$0.09+588.9%
Capital Expenditures

-$2.69M

Previous: -$5.69M+52.7%
Free Cash Flow

$5.18M

Previous: -$7.44M+169.7%
Net Income

$7.88M

Previous: -$1.75M+550.6%
Operating Income

$4.49M

Previous: -$5.77M+177.9%
Gross Profit

$11.1M

Previous: -$1.33M+932.0%
Cash & Equivalents

$188M

Previous: $185M+1.2%

Revenue & EPS history

REX American · Revenue · Quarterly

$196M

Q2 2021+398%vs Q2 2020
Beat estimate in 11 of 16 quarters(69%)
ActualEstimate

Forward guidance

The company focuses on enhancing shareholder value through disciplined operating approach and strategic use of strong balance sheet and liquidity position.

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 Q2 2021

Historical avgQ2 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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