secwatch.observer — SEC 8-K summary
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Issuer:     REX AMERICAN RESOURCES Corp (REX)
CIK:        0000744187
Form:       8-K
Filed at:   2022-05-25T23:59:59+00:00
Accession:  0000930413-22-001091
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

REX American Q1 FY2022 EPS $0.87 vs $1.30 YoY; net income down 33%
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- Net sales $194.2M, up from $164.0M YoY; gross profit fell to $11.9M from $19.5M.
- Net income attributable to REX shareholders $5.2M vs $7.8M; diluted EPS $0.87 vs $1.30.
- Average ethanol selling price $2.28/gal (+27% YoY); corn cost $6.55/bushel (+27%).
- Cash and short-term investments $234.0M at quarter-end; parent company held $39.0M.
- Company cites inflationary input costs and logistical challenges; continues carbon capture project.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/744187/000093041322001091/0000930413-22-001091-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/744187/000093041322001091/c103817_8k-ixbrl.htm
  HTML page:      https://secwatch.observer/filing/0000930413-22-001091

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