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Aemetis (NASDAQ:AMTX) Announces Quarterly Earnings Results, Beats Expectations By $0.16 EPS
['Trevor Kearing']
Daily Political
The specialty chemicals company reported ($0.13) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.29) by $0.16, FiscalAI reports.
Results benefited from higher ethanol and RNG volumes, improved ethanol pricing, lower corn costs, and $8.6 million of Section 45Z credits.
Results benefited from higher ethanol and RNG volumes, improved ethanol pricing, lower corn costs, and $8.6 million of Section 45Z credits.
Weiss Ratings reiterated a “sell (e+)” rating on shares of Aemetis in a research report on Friday, July 17th.
Aemetis Company Profile(Get Free Report)Aemetis, Inc, headquartered in Cupertino, California, is a renewable fuels and renewable natural gas producer dedicated to decarbonizing the transportation sector.