Exec-Edge
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By Rayk Riechmann
REX American Resources Corp. (NYSE: REX) reported its first quarter results, highlighting strong strategic execution that led to the nineteenth consecutive quarter of positive earnings despite a challenging macroeconomic environment.
Long-term earnings potential should be boosted further by positive developments in the corn industry and good progress on two self-funded investment initiatives. We discussed the ongoing expansion of the One Earth Energy ethanol plant and the innovative carbon capture effort in our detailed initiation report.
REX’s balance sheet remains robust, with no bank debt and $315.9 million in cash, equivalents, and short-term investments. Notably, management continues to evaluate potential acquisition opportunities that meet operational and financial criteria. Besides putting the cash to work on deals, management continued to return money to shareholders through repurchases, demonstrating confidence in the firm’s long-term profitability outlook and belief that shares are trading below the company’s intrinsic value.
The stock, which has traded roughly flat so far in 2025, remains at a discount to its peers on a sales and earnings basis. Click the link below to dive deeper into company details and financials.
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