Green Plains Renewable Energy (GPRE) Reports Q2 Loss, Lags Revenue Estimates

Green Plains Renewable Energy (GPRE) came out with a quarterly loss of $0.38 per share versus the Zacks Consensus Estimate of a loss of $0.16. This compares to loss of $0.89 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -137.50%. A quarter ago, it was expected that this ethanol production, marketing and commodities company would post a loss of $0.33 per share when it actually produced a loss of $0.81, delivering a surprise ...