Overview
U.S. ethanol producer's Q4 net income and EPS rose sharply on improved pricing, 45Z tax credits
Q4 revenue was flat yr/yr, reflecting steady ethanol sales volumes
Company repurchased 1.65 mln shares for $32.9 mln in fiscal 2025
Outlook
Company expects One Earth Energy expansion to be fully operational during fiscal 2026
REX says carbon capture project awaits permitting, with no timeline for completion
Result Drivers
ETHANOL PRICING - Improved ethanol pricing boosted gross profit in Q4, per company
CORN COSTS - Lower corn costs contributed to higher gross profit in Q4, according to company
45Z TAX CREDITS - Company recognized $28.1 mln in 45Z tax credits as a reduction to income tax expense in Q4
Company press release: ID:nBw9WT3qwa
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Revenue | $157.96 mln | ||
Q4 EPS | $1.32 | ||
Q4 Net Income | $47.61 mln |
Analyst Coverage
The stock recently traded at 23 times the next 12-month earnings vs. a P/E of 19 three months ago
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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