REX American Q2 net income $0.63/share vs $0.44 YoY; revenue up 23% to $240.3M

REX AMERICAN RESOURCES Corp

Net sales $240.3M vs $195.7M (+23% YoY); gross profit $16.6M vs $14.2M.
Diluted EPS $0.63 vs $0.44; net income to REX shareholders $11.2M vs $5.7M.
Received $7.8M USDA COVID relief grants for consolidated plants; equity share $1.6M.
Cash and short-term investments $245.1M; repurchased 221,883 shares for $6.2M in quarter.
Avg ethanol price $2.65/gal; corn cost $7.78/bu; natural gas $7.04/mmBtu.

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