REX American Resources Sees Revenue Surge 6.3% on Higher By-Product Prices
REX American Resources Corp reported its quarterly results for 2026, revealing revenue of $168.49M and diluted EPS of $1.06.
The increase in revenue was driven by higher by-product prices and recognition of clean fuel credits that boosted earnings compared to the prior-year quarter.
Net sales rose about 6% in the quarter and roughly 3% year-to-date, supported by higher DDGS and corn oil prices while ethanol volumes remained flat.
The company recognized $18.4M in the quarter and $26.0M year-to-date of 45Z clean fuel credits after updated rules, bolstering operational cash flow.