* Green Plains Inc reported quarterly adjusted earnings of 69 cents per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 35 cents. The mean expectation of nine analysts for the quarter was for earnings of 15 cents per share. Wall Street expected results to range from 8 cents to 25 cents per share.
* Revenue fell 26.2% to $658.74 million from a year ago; analysts expected $666.96 million.
* Green Plains Inc's reported EPS for the quarter was 69 cents.
* The company reported quarterly net income of $48.2 million.
* Green Plains Inc shares had fallen by 14.0% this quarter and lost 53.8% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by about 18.7% in the last three months.
* In the last 30 days, three analysts negatively revised earnings estimates
RECOMMENDATIONS
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."
* The average consensus recommendation for the renewable fuels peer group is also "buy"
Wall Street's median 12-month price target for Green Plains Inc is 24.75 This summary was machine generated from LSEG data November 1 at 03:39 a.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Sep. 30 2024 0.15 0.69 Beat
Jun. 30 2024 -0.12 -0.38 Missed
Mar. 31 2024 -0.29 -0.81 Missed
Dec. 31 2023 0.15 0.12 Missed
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