Green Plains Renewable Energy (GPRE) Reports Q1 Loss, Tops Revenue Estimates

Green Plains Renewable Energy (GPRE) came out with a quarterly loss of $0.88 per share versus the Zacks Consensus Estimate of a loss of $0.51. This compares to loss of $0.81 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -72.55%. A quarter ago, it was expected that this ethanol production, marketing and commodities company would post a loss of $0.28 per share when it actually produced a loss of $0.86, delivering a surprise of ...