REG shows fourth-quarter profit, tops analysts' estimates
Wednesday, March 08, 2017 11:20 AM
Ames-based Renewable Energy Group reported net income for the fourth quarter of $20.2 million, or 51 cents per share, compared with a loss $95.6 million, or $2.18 per share, in the same quarter the year before, Stock Market Daily reported. Revenue for the quarter rose 45 percent to $560.4 million from $387.8 million. Analysts polled by Thomson Reuters expected REG to report income of 44 cents per share on revenue of $447.78 million for the fourth quarter.