Green Plains Renewable Energy (GPRE) Reports Q2 Loss, Misses Revenue Estimates

Green Plains Renewable Energy (GPRE) came out with a quarterly loss of $0.41 per share versus the Zacks Consensus Estimate of a loss of$ 0.28. This compares to a loss of $0.38 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -46.43%. A quarter ago, it was expected that this ethanol production, marketing and commodities company would post a loss of$ 0.51 per share when it actually produced a loss of $0.88, delivering a surprise ...