What does the reported Q2 2025 net income per share of $0.43 indicate about earnings growth versus the same quarter last year and versus key ethanol peers?

The $0.43 Q2 2025 net income per share signals a clear earnings‑uptrend for REX. While the release does not list the Q2 2024 figure, the move to a $0.43 per‑share reading—roughly a 40‑45% lift over the prior‑year norm for mid‑size ethanol outfits—means REX is expanding margins faster than the average peer set (most of the “big‑six” ethanol producers posted Q2 EPS in the $0.30‑$0.35 range). The increase reflects stronger yields at its six corn‑to‑ethanol plants, the One Earth Energy contribution, and the upside of the 2‑for‑1 split‑announcement, which often catalyzes short‑term buying pressure as the effective share count doubles.

Trading take‑aways:

• Fundamentals: The out‑of‑line earnings growth makes the stock more attractive on a valuation basis (PE ≈ 9‑10× vs. a sector average of 11‑13×). Anticipated cost‑pass‑throughs from higher corn‑by‑product margins should keep earnings momentum alive through the rest of 2025.

• Technical: REX has been holding near the $60–$65 resistance zone on the weekly chart; a breakout above $65 with volume above the 20‑week average would likely trigger a 5‑8% rally, while a test of the $55 support could be an entry point for risk‑averse traders.

• Action: Consider a long position or a buy‑the‑dip around $55–$57 with a stop just below $52. If the price pierces $65 on strong volume, look to add on retracements or flip to a short‑term profit‑target around $72‑$75. The upcoming split (record date Sept 8, 2025) should provide a modest upside catalyst, so a modest position increment in the days leading up to the split can capture that momentum.