Renewable Energy Group, Inc. (NASDAQ:REGI) is set to announce second quarter earning results on Tuesday 4th August 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, REGI to report 2Q20 loss of $ 0.27 per share.
For the full year, analysts anticipate top line of $ 2031.76 million, while looking forward to income of $ 3.28 per share bottom line.
Previous Quarter Performance
Renewable Energy Group, Inc. disclosed income for the first quarter of $ 1.72 per share, from the revenue of $ 474.67 million. The quarterly revenues dropped 0.74 percent compared with the same quarter last year. Street analysts expected Renewable Energy Group, Inc. to report income of $ 0.99 per share on revenue of $ 478.50 million for the first quarter. The bottom line results beat street analysts by $ 0.73 or 73.74 percent, at the same time, top line results fell short of analysts by $ 3.83 million or 0.8 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of REGI was $ 28.43, representing a 187.17 % increase from the 52 week low of $ 9.90 and a 13.56 % decrease over the 52 week high of $ 32.89.
The company has a market capital of $ 1.11 billion and is part of the Energy sector and Oil & Gas Refining & Marketing industry.
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Conference Call
Renewable Energy Group, Inc. will be hosting a conference call at 4:30 PM eastern time on 4th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.regi.com
Renewable Energy Group, Inc. produces cleaner and lower carbon transportation fuels. The company utilizes an integrated production, distribution, and logistics system to convert natural fats, oils, and greases into advanced biofuels.