secwatch.observer — SEC 8-K summary
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Issuer:     REX AMERICAN RESOURCES Corp (REX)
CIK:        0000744187
Form:       8-K
Filed at:   2026-05-28T13:08:01+00:00
Accession:  0000930413-26-001732
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

REX American Q1 net income per share $0.56, best first quarter in company history
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- Diluted EPS of $0.56 vs $0.26 in Q1 '25; net income attributable to REX common $18.5M.
- Revenue $156.5M (down 1% YoY); gross profit surged to $29.1M from $14.3M.
- Recognized $7.5M production tax credit income; early adopted ASU 2025-10 for 45Z credits.
- One Earth ethanol expansion nearing completion; carbon capture project awaiting EPA permits.
- Cash & short-term investments $364.3M; no bank debt; consolidated ethanol volumes 71.1M gallons.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/744187/000093041326001732/0000930413-26-001732-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/744187/000093041326001732/c116455_8k-ixbrl.htm
  HTML page:      https://secwatch.observer/filing/0000930413-26-001732

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