Green Plains (NASDAQ:GPRE - Get Free Report) is set to post its quarterly earnings results before the market opens on Thursday, October 31st. Analysts expect Green Plains to post earnings of $0.12 per share for the quarter. Parties interested in participating in the company's conference call can do so using this link.
Green Plains (NASDAQ:GPRE - Get Free Report) last released its earnings results on Tuesday, August 6th. The specialty chemicals company reported ($0.38) earnings per share for the quarter, missing the consensus estimate of ($0.03) by ($0.35). Green Plains had a negative net margin of 1.64% and a negative return on equity of 4.94%. The firm had revenue of $618.83 million during the quarter, compared to the consensus estimate of $646.70 million. During the same period in the prior year, the business posted ($0.89) earnings per share. Green Plains's quarterly revenue was down 27.8% compared to the same quarter last year. On average, analysts expect Green Plains to post $-1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Green Plains Stock Performance
NASDAQ GPRE traded up $0.11 on Thursday, hitting $10.98. 976,590 shares of the stock were exchanged, compared to its average volume of 1,083,151. The company has a market capitalization of $709.52 million, a PE ratio of -8.93 and a beta of 1.52. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.68 and a quick ratio of 1.11. The business's fifty day moving average is $13.07 and its 200 day moving average is $16.11. Green Plains has a 52 week low of $10.74 and a 52 week high of $31.92.
Analyst Ratings Changes
A number of equities research analysts have recently issued reports on GPRE shares. UBS Group dropped their target price on shares of Green Plains from $26.00 to $23.50 and set a "buy" rating on the stock in a report on Monday, August 19th. Truist Financial cut their price objective on Green Plains from $25.00 to $18.00 and set a "buy" rating for the company in a research report on Wednesday, October 16th. BMO Capital Markets decreased their target price on Green Plains from $22.00 to $17.00 and set a "market perform" rating on the stock in a report on Wednesday, August 7th. Oppenheimer downgraded Green Plains from an "outperform" rating to a "market perform" rating in a report on Wednesday, August 7th. Finally, Craig Hallum dropped their price objective on shares of Green Plains from $34.00 to $26.00 and set a "buy" rating on the stock in a research report on Wednesday, August 7th. One analyst has rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $25.50.
Read Our Latest Analysis on GPRE
Green Plains Company Profile
(
Get Free Report)
Green Plains Inc produces low-carbon fuels in the United States and internationally. It operates through three segments: Ethanol Production, Agribusiness and Energy Services, and Partnership. The Ethanol Production segment produces ethanol, distillers grains, and ultra-high protein and renewable corn oil.
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