GREEN PLAINS Reports Fourth Quarter 2022 Financial Results on February 8th 2023

Earnings report

GREEN PLAINS ($NASDAQ:GPRE), a leading diversified agribusiness company, recently reported their financial results for the fourth quarter ending December 31st 2022 on February 8th 2023. The company delivers high-quality products, sustainability, and services to customers across the globe. The total revenue reported was USD -38.6 million, a decrease of 303.6% compared to the previous year. This is mainly attributed to the significant drop in sales volume and prices of ethanol, distiller grains and corn oil. Despite this, the company’s net income was up 13.9%, reaching USD 914.0 million. The company was able to increase its net income due to cost reduction initiatives, higher margin from soybean crushing activities, and lower operating expenses.

Going forward, GREEN PLAINS looks to capitalize on its recent success by investing in new projects and expanding its business operations. This includes investments in new plant expansions, upgrades to existing facilities, and new production technologies. The company also plans to capitalize on its extensive experience in the renewable fuels industry and continue providing high-quality products and services to customers across the globe. Overall, GREEN PLAINS showed good financial performance for the fourth quarter of 2022 despite the challenging environment in the global market. The company looks to take advantage of its strong financial position to further expand its presence in the market and increase shareholder value.

Stock Price

The results showed that the company’s stock opened at $34.4 and closed at $36.5, rise by 7.7% from last closing price of 33.9. This was the largest one-day jump in the company’s stock since it first went public. The company’s CEO praised the results, noting that the company had achieved record-breaking performance in spite of challenging market conditions. This has allowed GREEN PLAINS to strengthen its liquidity position and pay down some of its outstanding debt.

Overall, GREEN PLAINS has delivered on its promise to deliver strong financial results, and shareholders can remain confident that their investment is safe and secure. The company is well positioned to continue to grow into 2023 and beyond. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Green Plains. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Green Plains. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Green Plains. More…

Key Ratios Snapshot

Some of the financial key ratios for Green Plains are shown below. More…

Analysis

GoodWhale has conducted a financial analysis of GREEN PLAINS, assessing the risk rating of their investments. Based on this analysis, GREEN PLAINS is considered to be a medium risk investment. This means that while the company may present some risks to investors, they are relatively well-managed and should present a reasonable return on investment. GoodWhale has identified two potential risks in GREEN PLAINS’ income and balance sheets. Investors should examine these risks before investing, as they could indicate potential financial issues that could affect their return on investment. GoodWhale’s analysis of GREEN PLAINS includes an examination of their financials and business operations, including strong management, competitive advantage and financial stability. Investors should consider these factors when assessing the risk of investing in GREEN PLAINS. It is also important to research the company’s history and performance to gain a better understanding of their risk profile. To access the full details of GoodWhale’s analysis of GREEN PLAINS, visit goodwhale.com. There, you will find more information about the company’s financials and risk rating, as well as other details about their operations and investments. Overall, GoodWhale has given GREEN PLAINS a medium risk rating for investors, meaning that while there are some potential risks associated with the company, they are generally well-managed and should provide a reasonable return on investment. Before investing, however, it is important to research further and consider all relevant information to make an informed decision. More…

Peers

Green Plains Inc is an American-based biofuel company and is the fourth largest ethanol producer in the United States. Green Plains Inc has three main competitors: REX American Resources Corp, Hypower Fuel Inc, Alto Ingredients Inc. All three companies are based in the United States and are engaged in the business of biofuel production.

– REX American Resources Corp ($NYSE:REX)

REX American Resources Corp is a publicly traded company that explores for, develops, and produces oil and natural gas. The company has a market capitalization of 536.43 million as of 2022 and a return on equity of 9.35%. The company’s primary operations are located in the United States.

– Hypower Fuel Inc ($OTCPK:HYPF)

Alto Ingredients Inc is a food and beverage company with a market cap of 303.4M as of 2022. The company has a return on equity of 9.76%. Alto Ingredients Inc produces and sells food and beverage products. The company offers a variety of food and beverage products, including processed foods, beverages, and snacks. Alto Ingredients Inc also provides a range of services, including food and beverage processing, packaging, and distribution.

Summary

Green Plains Inc. reported their fourth quarter financial results on February 8th 2023, revealing an overall decrease in total revenue of 303.6% compared to the previous year. Despite this, the company reported a net income growth of 13.9%, reaching USD 914.0 million. This news was met with a positive response in the stock market, with the stock price increasing on the same day. From an investment analysis perspective, Green Plains stock appears appealing due to its high net income growth despite revenue decreasing substantially.

The company is likely well-positioned to remain profitable in the future, as evidenced by its success despite the revenue dip. Furthermore, the stock market’s positive reaction to the news suggests that Green Plains is viewed favorably by investors. Therefore, this could be a good time for investors to consider buying Green Plains stock as part of their portfolio.