REX American FY26 Q1 net income more than doubled to $18.45 million; net sales slip 1.16% to $156.5 million

REX American Resources Corporation

REX American Resources Corporation

REX

0.00
  • Rex American Resources posted fiscal Q1 net income attributable to shareholders of $18.45 million, more than doubled, lifting EPS to $0.56.
  • Net sales slipped 1.16% to $156.5 million, while gross profit climbed to $29.07 million from $14.34 million.
  • Production tax credit income totaled $7.55 million; income before taxes rose to $26.12 million from $13.63 million.
  • One Earth expansion neared completion, with testing and commissioning expected to start on completion and full operations targeted during fiscal 2026.
  • Cash, cash equivalents and short-term investments were $364.3 million at April 30, 2026, with no bank debt.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rex American Resources Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20260528923056) on May 28, 2026, and is solely responsible for the information contained therein.

This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.