secwatch.observer — SEC 8-K summary
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Issuer:     REX AMERICAN RESOURCES Corp (REX)
CIK:        0000744187
Form:       8-K
Filed at:   2023-03-23T23:59:59+00:00
Accession:  0000930413-23-001086
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/744187/000093041323001086/0000930413-23-001086-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/744187/000093041323001086/c106091_8k-ixbrl.htm
  HTML page:      https://secwatch.observer/filing/0000930413-23-001086

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer