REX American Resources Corp (REX) missed earnings estimates for Q4 2023 this morning.
The stock is up 23.09% to $54.06 after the report.
Rex American Resources Corp's profit margins maintained as both earnings and revenue declined at the same pace.
Wall Street Analysts had an average rating of Strong Buy on the stock prior to the report.
Trading in the five days leading up to the report earned Rex American Resources Corp a Bearish Sentiment Rank from InvestorsObserver.
Prior to the report, InvestorsObserver gave the stock an overall score of 55. Meanwhile, the average Wall Street analyst rated the stock a Strong Buy.
REX American Resources Corp operates as a holding company, which engages in investment in alternative energy and ethanol production entities. Its operating segments include Ethanol and By-Products. Its products include dried distillers grains, modified distillers grains, and non-food grade corn oil.
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Rex American Resources Corp Up 23.09% To $54.06 After Earnings
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