Investing.com - REX American Resources reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
REX American Resources announced earnings per share of $0.18 on revenue of $220.28M. Analysts polled by Investing.com anticipated EPS of $0.12 on revenue of $209.9M.
REX American Resources shares are up 7.88% from the beginning of the year and are trading at $34.52 , down-from-52-week-high.
REX American Resources shares gained 16.96% in intra-day trade following the report.
REX American Resources follows other major Energy sector earnings this month
REX American Resources's report follows an earnings beat by ConocoPhillips on Thursday, November 3, 2022, who reported EPS of $3.6 on revenue of $21.61B, compared to forecasts EPS of $3.46 on revenue of $18,467M.
EOG Resources had missed expectations on Thursday, November 3, 2022 with third quarter EPS of $3.71 on revenue of $7.59B, compared to forecast for EPS of $3.73 on revenue of $7,211M.
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