REX American Q1 FY2024 EPS $0.58, net income $10.2M; carbon capture facility on track for July

REX AMERICAN RESOURCES Corp

2024-Q1 EPS reported $0.58 revenue$161,231,000

Diluted EPS of $0.58, up from $0.30 a year ago; net income attributable to REX of $10.2M vs $5.2M.
Net sales of $161.2M, down 24% YoY on lower ethanol/co-product prices; gross profit of $14.5M (+42%).
Consolidated ethanol sales volumes of 74.5M gallons (+4% YoY).
One Earth carbon capture facility construction expected to complete July 2024; 100% pipeline rights of way secured.
Cash, cash equivalents & short-term investments of $351.8M; no bank debt at April 30, 2024.

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