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Green Plains reported net income of $7.2 million versus a loss of $38.6 million a year ago. Management is also looking into strategic options like a sale of the company.
Ethanol producer Green Plains will explore a strategic review, up to and including a sale, following engagement with activist investor Ancora beginning in 2023.
Green Plains Inc. (GPRE) Q4 2023 Earnings Call Transcript
Green Plains Renewable Energy (GPRE) came out with quarterly earnings of $0.12 per share, missing the Zacks Consensus Estimate of $0.16 per share. This compares to loss of $0.66 per share a year ago.
OMAHA, Neb.--(BUSINESS WIRE)--Green Plains Inc. (NASDAQ:GPRE) will release fourth quarter and full year 2023 financial results prior to the market opening on February 7, 2024, and then host a conference call beginning at 9 a.m. Eastern time (8 a.m. Central time) to discuss fourth quarter and full year 2023 performance and outlook. Domestic and international participants can access the conference call by dialing 888.210.4215 and 646.960.0269, respectively, and referencing conference ID 5027523.
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Under the terms of the agreement, Green Plains (GPRE) acquires all of the publicly held common units of the Partnership that the company and its affiliates did not already own.
Green Plains (GPRE) currently owns a 48.8% limited partner interest and a 2.0% general partner interest in Green Plains Partners.
Energy consumption has grown steadily over the last few decades. Companies and industry experts question whether the latest energy production methods are efficient and environmentally sound.
Green Plains Renewable Energy (GPRE) came out with quarterly earnings of $0.35 per share, beating the Zacks Consensus Estimate of a loss of $0.05 per share. This compares to loss of $1.27 per share a year ago.