REX American Resources
The 10-second takeaway
For the quarter ended Jan. 31 (Q4), REX American Resources crushed expectations on revenues and crushed expectations on earnings per share.
Compared to the prior-year quarter, revenue increased significantly and GAAP earnings per share increased.
Margins increased across the board.
REX American Resources reported revenue of $170.5 million. The two analysts polled by S&P Capital IQ expected to see revenue of $141.6 million on the same basis. GAAP reported sales were 82% higher than the prior-year quarter's $93.9 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $1.76. The two earnings estimates compiled by S&P Capital IQ averaged $0.52 per share. GAAP EPS were $1.76 for Q4 versus -$0.49 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 12.0%, 260 basis points better than the prior-year quarter. Operating margin was 9.7%, 340 basis points better than the prior-year quarter. Net margin was 8.7%, 1,360 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $138.9 million. On the bottom line, the average EPS estimate is $0.55.
Next year's average estimate for revenue is $602.7 million. The average EPS estimate is $2.99.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on REX American Resources is buy, with an average price target of $30.00.
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Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.