REX reports record Q1 2026 EPS of $0.56, driven by production tax credits

REX American Resources posted its best first quarter earnings per share in company history at $0.56, with gross profit of $29.1 million on $156.5 million in revenue, boosted by $7.5 million in production tax credit income despite lower ethanol pricing. The company continues expansion at its One Earth facility with $176.3 million invested to date and expects full operational status during fiscal 2026.