Shares of Green Plains GPRE rose 8.5% the company reported Q1 results.
Quarterly Results
Earnings per share rose 70.62% over the past year to ($0.47), which beat the estimate of ($0.87).
Revenue of $632,869,000 less by 1.47% from the same period last year, which missed the estimate of $655,640,000.
Guidance
Earnings guidance hasn't been issued by the company for now.
Green Plains hasn't issued any revenue guidance for the time being.
Conference Call Details
Date: May 04, 2020
Webcast URL: https://edge.media-server.com/mmc/p/djgvsy72
Technicals
52-week high: $17.55
Company's 52-week low was at $3.77
Price action over last quarter: down 53.57%
Company Description
Green Plains Inc manufactures and sells ethanol and ethanol byproducts in four segments based on function. The ethanol production segment, which generates the majority of revenue, includes the production of ethanol, grains, and corn oil. The agribusiness and energy services segment includes the grain procurement and commodity marketing business, which markets, sells, and distributes ethanol, distillers grains, and corn oil. The food and ingredients segment includes cattle feeding operations. The partnership segment provides fuel storage and transportation services.
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