Green Plains (GPRE) Scheduled to Post Quarterly Earnings on Thursday

Share on StockTwits

Green Plains (NASDAQ:GPRE) will be issuing its quarterly earnings data before the market opens on Thursday, November 8th. Analysts expect the company to announce earnings of $0.10 per share for the quarter.

Green Plains (NASDAQ:GPRE) last announced its quarterly earnings data on Wednesday, August 1st. The specialty chemicals company reported ($0.02) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.30) by $0.28. The business had revenue of $986.80 million for the quarter, compared to analysts’ expectations of $1 billion. Green Plains had a net margin of 1.45% and a negative return on equity of 3.73%. The firm’s quarterly revenue was up 11.3% compared to the same quarter last year. During the same period last year, the firm posted ($0.41) earnings per share. On average, analysts expect Green Plains to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

NASDAQ GPRE opened at $17.04 on Thursday. The firm has a market cap of $701.82 million, a price-to-earnings ratio of -19.81 and a beta of 1.08. Green Plains has a fifty-two week low of $15.25 and a fifty-two week high of $21.90. The company has a current ratio of 1.51, a quick ratio of 0.64 and a debt-to-equity ratio of 0.74.

A number of equities analysts have recently commented on GPRE shares. BidaskClub upgraded shares of Green Plains from a “strong sell” rating to a “sell” rating in a report on Friday, August 3rd. ValuEngine upgraded shares of Green Plains from a “hold” rating to a “buy” rating in a report on Friday, October 12th. Zacks Investment Research lowered shares of Green Plains from a “hold” rating to a “strong sell” rating in a report on Wednesday, July 25th. Finally, Roth Capital set a $25.00 price target on shares of Green Plains and gave the stock a “buy” rating in a report on Tuesday, July 31st. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company. Green Plains presently has a consensus rating of “Hold” and an average target price of $24.25.

About Green Plains

Green Plains Inc produces, markets, and distributes ethanol in the United States and internationally. The company operates through four segments: Ethanol Production; Agribusiness and Energy Services; Food and Ingredients; and Partnership. The Ethanol Production segment produces and sells ethanol, distiller grains, and corn oil.

Read More: Diversification For Individual Investors

Earnings History for Green Plains (NASDAQ:GPRE)

Receive News & Ratings for Green Plains Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Green Plains and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply