Green Plains First Quarter 2023 Earnings: US$1.20 loss per share (vs US$1.16 loss in 1Q 2022)
Green Plains (NASDAQ:GPRE) First Quarter 2023 Results
Key Financial Results
Revenue: US$832.9m (up 6.6% from 1Q 2022).
Net loss: US$70.3m (loss widened by 14% from 1Q 2022).
US$1.20 loss per share (further deteriorated from US$1.16 loss in 1Q 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Green Plains Earnings Insights
Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 4.0% decline forecast for the Oil and Gas industry in the US.
Performance of the American Oil and Gas industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
We don't want to rain on the parade too much, but we did also find 1 warning sign for Green Plains that you need to be mindful of.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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