Green Plains Inc reports results for the quarter ended June 30 - Earnings Summary

• Green Plains Inc GPRE.OQ reported a quarterly adjusted loss of 46 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of -38 cents. The mean expectation of nine analysts for the quarter was for a loss of 30 cents per share. Wall Street expected results to range from -52 cents to -12 cents per share.

• Revenue fell 10.7% to $552.83 million from a year ago; analysts expected $622.30 million.

• Green Plains Inc's reported EPS for the quarter was a loss of $1.09​.

• The company reported a quarterly loss of $72.24 million.

• Green Plains Inc shares had risen by 22.7% this quarter and lost 21.9% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 9.9% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 7 "hold" and no "sell" or "strong sell." The average consensus recommendation for the renewable fuels peer group is also "hold"

• Wall Street's median 12-month price target for Green Plains Inc is $7.00, about 5.7% below its last closing price of $7.40

This summary was machine generated from LSEG data August 11 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)