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Re: wadegarret post# 16135

Wednesday, 08/27/2014 10:52:57 AM

Wednesday, August 27, 2014 10:52:57 AM

Post# of 17737
I agree, Wade! $125/share would be very conservative.
REX has clearly established a path to somewhere over 10.00 EPS for full-year 2014 (ending Jan. 31, 2015, reported in late March).

And with trailing EPS already way up to 8.50 the road ahead looks pretty clear....

Btw, for the record, these are the EPS amounts that REX has posted thus far over past 12 months:

1.20 Q3 2013
1.95 Q4 2013
2.67 Q1 2014
2.68 Q2 2014

I need to hear some guidance from CEO Rose before I'm ready to estimate EPS for Q3 and Q4 because I was VERY surprised to see their avg selling price for DDGs way up at $192.77/ton and corn price up at $4.47/bushel for Q2. That has me befuddled. I thought each would be lower.



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