Published on 5 May 2022 on Zacks via Yahoo Finance
Renewable Energy Group (REGI) came out with quarterly earnings of $0.25 per share, missing the Zacks Consensus Estimate of $0.86 per share. This compares to earnings of $0.88 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -70.93%. A quarter ago, it was expected that this biodiesel producer would post earnings of $0.83 per share when it actually produced earnings of $1.03, delivering a surprise of 24.10%.
Over the last four quarters, the company has surpassed consensus EPS estimates two times.