earnings
confidence high
sentiment positive
materiality 0.80
REX Q2 FY26 EPS $1.06 vs $0.22; record quarter, EPA draft permits for CCS
REX AMERICAN RESOURCES Corp
- Q2 net income $34.9M vs $7.1M; diluted EPS $1.06 vs $0.22; revenue $168.5M vs $158.6M.
- Gross profit $53.3M vs $14.3M; includes $18.4M Section 45Z production tax credit income.
- Received EPA draft permits Aug 17 for three Class VI injection wells at One Earth CCS project.
- Capex to-date on One Earth expansion/CCS $191.2M; cash $379.5M, no bank debt.
- 24th consecutive profitable quarter; record Q2 EPS; core gross profit up 144% ex-45Z.