Green Plains, Inc. ($GPRE) 3Q20 Earnings Sneak Peek

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Green Plains, Inc. (NASDAQ:GPRE) is expected to report third quarter earnings results, after market close, on Wednesday 4th November 2020.

Analysts polled by Thomson Reuters anticipate third quarter loss of $ 0.28 per share.

Looking ahead, the full year loss are expected at $ 1.34 per share on the revenues of $ 2187.68 million.

Previous Quarter Performance

Green Plains, Inc. announced loss for the second quarter of $ 0.24 per share, from the revenue of $ 417.99 million. The quarterly revenues declined 48.47 percent compared with the same quarter last year. The consensus estimates are loss of $ 0.70 per share from $ 528.66 million in revenue. The bottom line results beat street analysts by $ 0.46 or 65.71 percent, at the same time, top line results fell short of analysts by $ 110.67 million or 20.93 percent.

Stock Performance

Shares of Green Plains, Inc. traded low $ -0.22 or -1.45 percent on Tuesday, reaching $ 14.93 with volume of 277.00 thousand shares. Green Plains, Inc. has traded high as $ 15.50 and has cracked $ 14.91 on the downward trend

According to the previous trading day, closing price of $ 14.93, representing a 301.86 % increase from the 52 week low of $ 3.77 and a 14.7 % decrease over the 52 week high of $ 17.76.

The company has a market capital of $ 532.31 million and is part of the Basic Materials sector and Specialty Chemicals industry.

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