REX American Q3 net income $24.5M ($1.38 EPS), second-best quarter

REX AMERICAN RESOURCES Corp

2024-Q3 EPS reported $2.66 revenue$484,263,000

Net income attributable to REX shareholders $24.5M ($1.38 diluted EPS), down from $26.1M ($1.49) in Q3 FY23.
Revenue $174.9M, down 21% YoY on lower ethanol and co-product pricing; gross profit $39.7M, flat.
Consolidated ethanol sales volume 75.5M gallons, up ~3% YoY.
One Earth Energy expansion to 175M gallons/year on track for mid-2025; budget for expansion and carbon capture $165-175M.
Cash and short-term investments $365.1M; no bank debt.

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