REX Q2 2026 slides: record profit, carbon capture advances

REX American Resources Corporation reported its strongest second-quarter performance in four decades on September 2, 2026. The ethanol producer achieved earnings per share of $1.06, marking the 24th consecutive profitable quarter. Key drivers of the success included record earnings, strong crush margins, and substantial benefits from federal tax credit programs.

Despite beating earnings expectations by 152%, revenue fell short of analyst forecasts, trading the stock at $41.31, a 1.62% decrease from the previous close. The company's balance sheet remained solid, with $379.5 million in cash and no bank debt, providing strategic flexibility for expansion projects and capital deployment.