---
schema_version: "secwatch.filing_event.v1"
accession: "0000930413-23-001086"
form_type: "8-K"
ticker: "REX"
cik: "0000744187"
company_name: "REX AMERICAN RESOURCES Corp"
filed_at: "2023-03-23T23:59:59+00:00"
generated_at: "2026-06-17T19:40:50.525614+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# REX Q4 fiscal 2022 EPS $0.47, down 60% YoY; revenue $200.2M

## Summary
- Net income from continuing ops $8.2M vs $21.3M YoY; revenue $200.2M vs $212.0M.
- Gross profit $14.9M vs $38.8M on higher corn (+22%) and natural gas (+12%) costs.
- Cash & short-term investments $280.9M (parent $42.1M, plants $238.8M); no debt.
- Average ethanol selling price $2.31/gal (Q4 '21: $2.36); dried distillers grains $234.39/ton.
- CEO cites difficult operating environment but remains confident in carbon capture initiatives.

## SEC filing metadata
- accession: 0000930413-23-001086
- form_type: 8-K
- ticker: REX
- cik: 0000744187
- company_name: REX AMERICAN RESOURCES Corp
- filed_at: 2023-03-23T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/744187/000093041323001086/0000930413-23-001086-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/744187/000093041323001086/c106091_8k-ixbrl.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000930413-23-001086
- JSON: https://secwatch.observer/filing/0000930413-23-001086.json
- Plain text: https://secwatch.observer/filing/0000930413-23-001086.txt

## Key facts
- Earnings Releases
  REX AMERICAN RESOURCES Corp reported fiscal 2022 fourth quarter ended January 31, 2023 results: revenue $200.2 million, net income $8.2 million, EPS $0.47.
  - Period: fiscal 2022 fourth quarter ended January 31, 2023
  - Revenue: $200.2 million
  - Net income: $8.2 million
  - EPS: $0.47
  - Result: reported results
  source text: REX’s Q4 ’22 net sales and revenue were $200.2 million, compared with $212.0 million in Q4 ’21. The year-over-year net sales and revenue decrease primarily reflects a decrease in the quantities sold of ethanol, dried distillers grains and modified distillers grains. Q4 ’22 gross profit for the Company’s continuing operations was $14.9 million, compared with $38.8 million in Q4 ’21 reflecting increases in corn and natural gas prices. This led to Q4 ’22 income before income taxes and non-controlling interests of $13.3 million, compared with $36.6 million in the comparable year ago period. Net income attributable to REX shareholders from continuing operations in Q4 ’22 was $8.2 million, compared to $21.3 million in Q4 ’21. Q4 ’22 basic and diluted net income per share attributable to REX common shareholders from continuing operations was $0.47, compared to $1.19 per share in Q4 ’21.
  evidence_url: https://www.sec.gov/Archives/edgar/data/744187/000093041323001086/0000930413-23-001086-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.