OMAHA, Neb. (AP) — OMAHA, Neb. (AP) — Green Plains Renewable Energy Inc. (GPRE) on Tuesday reported third-quarter earnings of $22.3 million.
The Omaha, Nebraska-based company said it had profit of 35 cents per share.
The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 5 cents per share.
The ethanol production, marketing and commodities company posted revenue of $892.8 million in the period, also beating Street forecasts. Three analysts surveyed by Zacks expected $814.5 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GPRE at https://www.zacks.com/ap/GPRE