---
schema_version: "secwatch.filing_event.v1"
accession: "0000930413-24-001797"
form_type: "8-K"
ticker: "REX"
cik: "0000744187"
company_name: "REX AMERICAN RESOURCES Corp"
filed_at: "2024-05-22T23:59:59+00:00"
generated_at: "2026-06-01T09:58:49.382249+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000930413-24-001797
- form_type: 8-K
- ticker: REX
- cik: 0000744187
- company_name: REX AMERICAN RESOURCES Corp
- filed_at: 2024-05-22T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/744187/000093041324001797/0000930413-24-001797-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/744187/000093041324001797/c109066_8k-ixbrl.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000930413-24-001797
- JSON: https://secwatch.observer/filing/0000930413-24-001797.json
- Plain text: https://secwatch.observer/filing/0000930413-24-001797.txt

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