REX American Resources Q2 Profit Declines

RTTNews | 763 dias atrás
REX American Resources Q2 Profit Declines

(RTTNews) - REX American Resources Corp. (REX) on Wednesday reported that second-quarter net income attributable to REX common shareholders declined to $9.06 million or $0.52 per share from $11.17 million or $0.63 per share in the prior-year quarter.

Net sales and revenue for the quarter decreased to $211.98 million from $240.33 million in the same period last year.

On average, analysts polled by Thomson Reuters expected the company to report earnings of $0.66 per share on revenues of $195.14 million for the quarter. Analysts' estimates typically exclude special items.

The year-over-year net sales and revenue decline primarily reflects a reduction in the quantities sold of ethanol, as well as lower prices for ethanol, dried and modified distillers grains, and corn oil.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

Etiquetas: REX
read more
Australia Trade Data On Tap For Thursday

Australia Trade Data On Tap For Thursday

Australia will on Thursday release August figures for imports, exports and trade balance, highlighting a modest day for Asia-Pacific economic activity. In July, imports were down 1.3 percent on month and exports rose 3.3 percent for a trade surplus of A$7.310 billion.
RTTNews | 13 minutos atrás
U.S. Mortgage Applications Decline - MBA

U.S. Mortgage Applications Decline - MBA

U.S. mortgage applications decreased in the week ended September 26 after rising in the previous three weeks, latest survey data from the Mortgage Bankers Association showed on Wednesday.
RTTNews | 1 h 53 min atrás
TSX Pares Some Gains After Posting New Record High

TSX Pares Some Gains After Posting New Record High

The Canadian benchmark index S&P/TSX Composite climbed to a new record high on Wednesday, supported by gains in technology, healthcare and mining stocks. The mood in the market remains positive despite another contraction in Canadian manufacturing activity, and a partial US government shutdown that is threatening to delay the crucial jobs data this week.
RTTNews | 3 h 59 min atrás
Swiss Market Ends On Upbeat Note

Swiss Market Ends On Upbeat Note

The Switzerland market closed on an upbeat note on Wednesday, as pharma majors Roche and Novartis rallied sharply amid easing tariff concerns after Pfizer struck a deal with the Trump administration to allow patients to purchase discounter prescription drugs through a new federal website.
RTTNews | 4 h 30 min atrás
European Markets Close On Buoyant Note

European Markets Close On Buoyant Note

Despite the U.S. federal government officially shutting down after the Senate failed to reach an agreement on a last-minute spending bill, European stocks closed on a strong note on Wednesday, led by gains in the healthcare sector.
RTTNews | 4 h 46 min atrás
U.S. Manufacturing Index Inches Higher In September But Still Indicates Contraction

U.S. Manufacturing Index Inches Higher In September But Still Indicates Contraction

A report released by the Institute for Supply Management on Wednesday showed its reading on U.S. manufacturing activity crept slightly higher in September but continued to indicate contraction. The ISM said its manufacturing PMI edged up to 49.1 in September from 48.7 in August, although a reading below 50 still indicates contraction. Economists had expected the index to inch up to 49.0.
RTTNews | 7 h 39 min atrás
Elon Musk's XAI Is Working On Wikipedia Rival Grokipedia

Elon Musk's XAI Is Working On Wikipedia Rival Grokipedia

Billionaire Elon Musk announced that his artificial intelligence startup X.AI Corp., doing business as xAI, is creating Grokipedia, an AI-driven alternative to Wikipedia, powered by the company's Grok AI chatbot.
RTTNews | 8 h 9 min atrás