secwatch.observer — SEC 8-K summary
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Issuer:     REX AMERICAN RESOURCES Corp (REX)
CIK:        0000744187
Form:       8-K
Filed at:   2026-09-02T13:44:17+00:00
Accession:  0000930413-26-002809
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

REX Q2 FY26 EPS $1.06 vs $0.22; record quarter, EPA draft permits for CCS
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/744187/000093041326002809/0000930413-26-002809-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/744187/000093041326002809/c117594_8k-ixbrl.htm
  HTML page:      https://secwatch.observer/filing/0000930413-26-002809

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