REX American Resources (REX) Reports Higher Q1 Profit, Ethanol Margins Improve

REX American Resources Corp. (NYSE: REX) reported a rise in first-quarter net income on May 28, 2026, as improved ethanol production margins bolstered the bottom line. Net income advanced to $X.X million, or $X.XX per diluted share, from $X.X million, or $X.XX per share, a year earlier. Revenue climbed X% to $XXX million, reflecting higher average selling prices and steady production volumes at its ethanol plants. The Dayton, Ohio-based company’s gross margin widened to X% from X% in the prior-year quarter, citing lower corn costs and favorable energy market conditions. REX did not provide forward guidance, but management noted ongoing operational efficiencies supported results. Shares were inactive in premarket trading.