REX American Resources' stock soared 5.24% during intraday trading on Thursday, following the release of its fourth-quarter and full-year fiscal 2025 results.
The significant price movement is attributed to the company reporting a substantial earnings beat, with Q4 EPS of $1.32 far exceeding the analyst consensus estimate of $0.29. The company's profit surged year-over-year, driven primarily by improved ethanol pricing and lower corn costs, which boosted gross profit. Furthermore, the recognition of $28.1 million in 45Z tax credits as a reduction to income tax expense significantly contributed to the bottom line.
Investor sentiment was also bolstered by the company's announcement that the expansion of ethanol production at its One Earth Energy facility is nearing completion, with full operations expected during fiscal 2026. The company reported a record high full fiscal year 2025 net income per share of $2.50.
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