FX.co ★ REX American Resources Corporation Q4 Profit Advances

REX American Resources Corporation announced an increase in its earnings for the fourth quarter compared to the previous year. The company's profits reached $20.57 million, translating to $1.16 per share, a considerable increase from last year's fourth quarter earnings of $8.16 million, or $0.47 per share. However, the company's quarterly revenue experienced a decline of 6.3% from $200.17 million to $187.61 million, compared to last year. In summary, fourth-quarter GAAP figures for REX American Resources Corporation show $20.57 million in earnings, a significant rise from last year's $8.16 million, revenue of $187.61 million versus the prior year's $200.17 million, and earnings per share of $1.16, up from $0.47.