Commodities
Green Plains Falls Short on Revenue Estimates Despite Strong Profit
Green Plains (NASDAQ:GPRE), a biorefining company, missed revenue expectations in Q2 CY2026, with sales falling 19.3% year on year to $446.2 million.
The company's GAAP profit of $0.83 per share was 27% above analysts' consensus estimates, beating Wall Street's estimates by a significant margin.
Green Plains operates one of North America's largest ethanol platforms with the capacity to process 310 million bushels of corn annually.
The company's adjusted EBITDA margin rose by 13.2 percentage points over the last year and reached 20.9% in Q2, beating Wall Street's estimates by 2.2%.