REX American Resources (NYSE:REX) will release its quarterly earnings report on Tuesday, 2024-12-03. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate REX American Resources to report an earnings per share (EPS) of $0.72.
Investors in REX American Resources are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.
It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.
Past Earnings Performance
During the last quarter, the company reported an EPS beat by $0.26, leading to a 0.6% drop in the share price on the subsequent day.
Here's a look at REX American Resources's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.44 | 0.40 | 0.68 | 0.68 |
| EPS Actual | 0.70 | 0.58 | 1.16 | 1.49 |
| Price Change % | -1.0% | -4.0% | 34.0% | -4.0% |
Performance of REX American Resources Shares
Shares of REX American Resources were trading at $43.31 as of November 28. Over the last 52-week period, shares are up 0.81%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
To track all earnings releases for REX American Resources visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
