REX American Resources Q2 Profit Rises Sharply, Revenue Increases- Update
(RTTNews) - REX American Resources Corporation (REX), an ethanol producer and marketer, on Wednesday reported significantly higher second-quarter profit, helped by production tax credit benefits, a jump in equity income from unconsolidated affiliates and improved pricing.
(RTTNews) - REX American Resources Corporation (REX), an ethanol producer and marketer, on Wednesday reported significantly higher second-quarter profit, helped by production tax credit benefits, a jump in equity income from unconsolidated affiliates and improved pricing.
BELLINGS Intelligence Score: 10
Why it matters
REX American Resources reporting a sharp profit rise and revenue increase is routine corporate earnings news with limited broader market or credit-market impact.
Sources
Nasdaq
REX American Resources Q2 Profit Rises Sharply, Revenue Increases- Update
(RTTNews) - REX American Resources Corporation (REX), an ethanol producer and marketer, on Wednesday reported significantly higher second-quarter profit, helped by production tax credit benefits, a jump in equity income from unconsolidated affiliates and improved pricing.