earnings
confidence high
sentiment positive
materiality 0.70
Green Plains Q3 net income $48.2M ($0.69/diluted) vs $22.3M YoY; revenue $658.7M
Green Plains Inc.
2024-Q3 EPS reported
-$0.43
revenue$1,874,774,000
- Net income attributable $48.2M, EPS $0.69/diluted vs $0.35 YoY; revenue $658.7M down 26%.
- EBITDA $83.3M incl $30.7M gain on sale of Birmingham terminal; adjusted EBITDA $53.3M.
- Ethanol crush margin $58.3M vs $52.9M; plant utilization 97%; record Ultra-High Protein and renewable corn oil production.
- Clean Sugar Technology facility in Shenandoah, IA operational; samples sent; strategic review underway with BMO and Moelis.
- Cash $252M, revolver $228.5M available, total debt $556.2M; terminal sale proceeds used to repay debt.