---
schema_version: "secwatch.filing_event.v1"
accession: "0000930413-24-001174"
form_type: "8-K"
ticker: "REX"
cik: "0000744187"
company_name: "REX AMERICAN RESOURCES Corp"
filed_at: "2024-03-28T23:59:59+00:00"
generated_at: "2026-06-04T06:46:35.013737+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# REX reports FY2023 net income per share $3.47, second highest in company history

## Summary
- Q4 EPS $1.16 vs $0.47 YoY; revenue $187.6M (-6% YoY) but gross profit $30.4M (+129% YoY).
- Full-year EPS $3.47 ($60.9M net income) vs $1.57; gross profit $98.2M (+102% YoY).
- Consolidated ethanol sales volume 285.9M gallons (+8% YoY); pricing decreased.
- One Earth carbon capture compression facility expected completion Q2 2024; budget $165-$175M.
- Cash and short-term investments $378.7M with zero bank debt at Jan 31, 2024.

## SEC filing metadata
- accession: 0000930413-24-001174
- form_type: 8-K
- ticker: REX
- cik: 0000744187
- company_name: REX AMERICAN RESOURCES Corp
- filed_at: 2024-03-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/744187/000093041324001174/0000930413-24-001174-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/744187/000093041324001174/c108697_8k-ixbrl.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000930413-24-001174
- JSON: https://secwatch.observer/filing/0000930413-24-001174.json
- Plain text: https://secwatch.observer/filing/0000930413-24-001174.txt

## Key facts
- Earnings Releases
  REX AMERICAN RESOURCES Corp reported the three-month period ended January 31, 2024 results: revenue $187.6 million, net income $20.6 million, EPS $1.16.
  - Period: the three-month period ended January 31, 2024
  - Revenue: $187.6 million
  - Net income: $20.6 million
  - EPS: $1.16
  - Result: reported results
  source text: and $98.2 million for Q4 and Full Fiscal Year ‘23, respectively, an increase of more than 100% over each of the respective periods for 2022 § Reported net sales and revenue of $187.6 million and $833.4 million for Q4 and Full Fiscal Year ’23, respectively, a decrease of approximately 6% and 3% from each of the respective periods for 2022 § Reported consolidated
  evidence_url: https://www.sec.gov/Archives/edgar/data/744187/000093041324001174/0000930413-24-001174-index.htm
- Earnings Releases
  REX AMERICAN RESOURCES Corp reported full fiscal year 2023 results: revenue $833.4 million, net income $60.9 million, EPS $3.47.
  - Period: full fiscal year 2023
  - Revenue: $833.4 million
  - Net income: $60.9 million
  - EPS: $3.47
  - Result: reported results
  source text: Q4 and Full Fiscal Year ‘23, respectively, an increase of more than 100% over each of the respective periods for 2022 § Reported net sales and revenue of $187.6 million and $833.4 million for Q4 and Full Fiscal Year ’23, respectively, a decrease of approximately 6% and 3% from each of the respective periods for 2022 § Reported consolidated ethanol sales volumes of
  evidence_url: https://www.sec.gov/Archives/edgar/data/744187/000093041324001174/0000930413-24-001174-index.htm

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