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Wednesday, April 16, 2014 5:32:58 PM
Renewable Energy (REGI) -12.5% AH after saying it expects to report a Q1 earnings loss of $1.5M-$3.5M vs. analyst consensus estimate for a gain of $0.14/share, adjusted EBITDA of $1M-$3M vs. the company's prior guidance of $5M-$15M, and gallons sold at the lower end of earlier guidance of 45M-55M gallons
REGI cites Q1's unseasonably cold winter, which reduced overall demand for diesel and biodiesel blends, and increased REGI's utilities expenses, particularly natural gas prices.
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