Rex American Resources FY26 Q2 EPS more than doubles to $1.06; net sales and revenue rise 6.26% to $168.5 million
REX•Fiscal Q2 2026 results
- Rex American Resources posted fiscal Q2 2026 diluted EPS of $1.06, up from $0.22 a year earlier.
- Net income attributable to common shareholders more than doubled to $34.94 million; net sales and revenue rose 6.26% to $168.49 million.
- Gross profit climbed to $53.3 million from $14.32 million, helped by improved crush margins and $18.41 million of Section 45Z tax credits.
Carbon capture project and balance sheet
- The U.S. EPA issued draft permits for three Class VI injection wells for the One Earth carbon capture project; the public comment period is open.
- Cash, cash equivalents and short-term investments totaled $379.5 million at July 31, 2026, with no bank debt.
