earnings
confidence high
sentiment negative
materiality 0.80
Green Plains Q4 EPS $(0.86) vs $0.12; launches $50M cost reduction; idles Fairmont plant
Green Plains Inc.
2024-FY EPS reported
-$1.29
revenue$2,458,796,000
- Q4 net loss $54.9M ($0.86/share) vs net income $7.2M ($0.12) a year ago; revenue fell 18% to $584M.
- Corporate reorganization targets up to $50M annualized savings; first $30M implemented; Fairmont, MN facility idled.
- Consolidated ethanol crush margin turned negative $(15.5)M from positive $53.0M; EBITDA was $(18.9)M vs $44.7M.
- Nebraska carbon capture on track for H2 2025; pipeline partner received six Class VI permits; rights of way secured.
- Clean sugar plant operating; FSSC certification path clear for Q1; de-bottlenecking ongoing for reduced-rate runs.