Q4 2023 Earnings Summary
Reported on Feb 7, 2024 (Before Market Open)
Pre-Earnings Price$20.02Last close (Feb 6, 2024)
Post-Earnings Price$25.20Open (Feb 7, 2024)
Price Change
$5.18(+25.87%)
- Green Plains expects to generate significant free cash flow starting in 2025 due to their simplified corporate structure and transformational initiatives like clean sugar technology and decarbonization efforts.
- The company is months away from commercial-scale production of dextrose using their clean sugar technology, which management believes will be a game-changer and could redefine Green Plains' future.
- Green Plains achieved a capacity utilization rate of 95% in the quarter and expects to maintain or improve upon this rate, indicating efficient operations and potential for increased earnings.
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