Green Plains (GPRE) Scheduled to Post Earnings on Monday
Green Plains (NASDAQ:GPRE) will post its quarterly earnings results before the market opens on Monday, February 11th. Analysts expect Green Plains to post earnings of ($0.04) per share for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.
Green Plains (NASDAQ:GPRE) last announced its earnings results on Wednesday, November 7th. The specialty chemicals company reported ($0.31) EPS for the quarter, missing the consensus estimate of ($0.12) by ($0.19). The company had revenue of $1 billion for the quarter, compared to analysts’ expectations of $996.40 million. Green Plains had a net margin of 0.23% and a negative return on equity of 4.22%. The business’s quarterly revenue was up 11.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.18) 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.
Shares of NASDAQ:GPRE opened at $13.38 on Friday. The stock has a market cap of $568.62 million, a P/E ratio of -15.56, a P/E/G ratio of 10.56 and a beta of 1.25. The company has a current ratio of 1.37, a quick ratio of 0.49 and a debt-to-equity ratio of 0.76. Green Plains has a one year low of $12.00 and a one year high of $21.90.
In other Green Plains news, EVP Walter S. Cronin sold 3,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 21st. The stock was sold at an average price of $16.48, for a total transaction of $49,440.00. Following the completion of the sale, the executive vice president now owns 50,089 shares in the company, valued at approximately $825,466.72. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Michelle Mapes sold 7,000 shares of the firm’s stock in a transaction that occurred on Friday, November 16th. The shares were sold at an average price of $17.14, for a total value of $119,980.00. Following the sale, the insider now owns 42,419 shares of the company’s stock, valued at approximately $727,061.66. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 214,680 shares of company stock valued at $3,365,190. 5.90% of the stock is owned by insiders.
Several equities research analysts recently commented on the company. ValuEngine downgraded Green Plains from a “hold” rating to a “sell” rating in a report on Friday. BidaskClub downgraded Green Plains from a “hold” rating to a “sell” rating in a report on Friday, January 11th. TheStreet downgraded Green Plains from a “c” rating to a “d+” rating in a report on Monday, November 12th. Finally, Zacks Investment Research upgraded Green Plains from a “sell” rating to a “hold” rating in a report on Tuesday, November 6th. Two analysts have rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the stock. Green Plains has a consensus rating of “Hold” and an average target price of $22.50.
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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.
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