Jefferies Comments On Green Plains EPS

By Steven Anfield
Benzinga Staff Writer
July 29, 2011 8:00 AM

Symbols: GPRE

Posted in: Analyst Color, Analyst Ratings

According to Jefferies, Green Plains (NASDAQ: GPRE) Q2 EPS of $0.14 was $0.05 above consensus and estimate.

Jefferies said that Q2 should mark a trough this year, as Green Plains appears to have locked in a significant portion of (better) ethanol margins for the next two quarters. “We are raising 2011E EPS by $0.35 to $1.10 and maintaining 2012E EPS at $1.70.”

Green Plains closed yesterday at $11.57.

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Jefferies Comments On Green Plains EPS

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