Profile
Sector:
Basic MaterialsIndustry:
ChemicalsCountry:
United StatesIPO:
15 March 2006Website:
http://gpreinc.comNext earnings report:
02 August 2024Last dividends:
23 May 2019Next dividends:
N/APrice
regular market | 2 min agoDividend
Analysts recommendations
Institutional Ownership
GPRE Latest News
Green Plains (GPRE) enters into construction agreements and funding arrangements to facilitate the ordering of carbon sequestration equipment.
Green Plains Inc. (NASDAQ: GPRE) held its Q1 2024 Earnings Call on May 3, 2024 at 9:00 AM ET. Present at the call were Phil Boggs, EVP of IR, Todd Becker, President and CEO, Jim Stark, CFO, and Devin Mogler, SVP of Corporate & IR. Conference Call Participants included Adam Samuelson from Goldman Sachs, Kristen Owen from Oppenheimer, Craig Irwin from ROTH MKM, Andrew Strelzik from BMO Capital Markets, Manav Gupta from UBS, and Steve Byrne from Bank of America. The operator greeted participants and provided instructions for the Q&A session following the company's prepared remarks.
Green Plains Renewable Energy (GPRE) reported a quarterly loss of $0.81 per share, which was higher than the Zacks Consensus Estimate of a loss of $0.33 per share. This is an improvement from a loss of $1.20 per share in the same quarter last year.
Green Plains (GPRE) lacks the necessary elements for a potential earnings surprise in its upcoming report. Be ready with the important projections.
Green Plains is in the process of reorganizing its operations to focus on reducing carbon emissions and boosting future profits. The company is broadening its range of products to include ultra-high protein production, renewable corn oil, and carbon capture systems. The potential main catalyst for these upcoming improvements could be the tax credits provided by the Inflation Reduction Act.
Green Plains (GPRE) has received FSSC 22000 certification at multiple facilities, showcasing its commitment to meeting food safety management standards approved by the Global Food Safety Initiative.
Green Plains reported net income of $7.2 million versus a loss of $38.6 million a year ago. Management is also looking into strategic options like a sale of the company.
Ethanol producer Green Plains will explore a strategic review, up to and including a sale, following engagement with activist investor Ancora beginning in 2023.
Green Plains Renewable Energy (GPRE) came out with quarterly earnings of $0.12 per share, missing the Zacks Consensus Estimate of $0.16 per share. This compares to loss of $0.66 per share a year ago.
Green Plains Inc. (GPRE) Q4 2023 Earnings Call Transcript
What type of business is Green Plains?
Green Plains Inc. produces, markets, and distributes ethanol in the United States and internationally. It operates through three segments: Ethanol Production, Agribusiness and Energy Services, and Partnership. The Ethanol Production segment produces and sells ethanol, including industrial-grade alcohol, distiller grains, and ultra-high protein and corn oil. The Agribusiness and Energy Services segment engages in the grain procurement, handling, and storage activities; and commodity marketing business, which purchases, markets, sells, and distributes ethanol, distiller grains, and ultra-high protein and corn oil, as well as grain, natural gas, and other commodities in various markets. This segment also provides grain drying and storage services to grain producers. The Partnership segment offers fuel storage and transportation services. As of December 31, 2021, it operated through 29 ethanol storage facilities; 4 fuel terminal facilities; and a fleet of approximately 2,300 leased railcars. The company was formerly known as Green Plains Renewable Energy, Inc. and changed its name to Green Plains Inc. in May 2014. Green Plains Inc. was founded in 2004 and is headquartered in Omaha, Nebraska.
What sector is Green Plains in?
Green Plains is in the Basic Materials sector
What industry is Green Plains in?
Green Plains is in the Chemicals industry
What country is Green Plains from?
Green Plains is headquartered in United States
When did Green Plains go public?
Green Plains initial public offering (IPO) was on 15 March 2006
What is Green Plains website?
https://gpreinc.com
Is Green Plains in the S&P 500?
No, Green Plains is not included in the S&P 500 index
Is Green Plains in the NASDAQ 100?
No, Green Plains is not included in the NASDAQ 100 index
Is Green Plains in the Dow Jones?
No, Green Plains is not included in the Dow Jones index
When does Green Plains report earnings?
The next expected earnings date for Green Plains is 02 August 2024