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Investing Ideas: Renewable Energy Stock to Watch - Ethanol Stock Green Plains Renewable Energy (GPRE) Trades up on Earnings

May 01, 2013 --

Investing Ideas: Renewable Energy Stock to Watch - Ethanol Stock Green Plains Renewable Energy (GPRE) Trades up on Earnings

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Point Roberts, WA - May 1, 2013 (Investorideas.com renewable energy newswire) Investorideas.com staff: Investorideas.com, an investor research portal specializing in investing ideas in leading sectors including renewable energy stocks issues an earnings and trading alert for ethanol company Green Plains Renewable Energy, Inc. (NasdaqGS::GPRE) , trading up at $13.41, gaining 0.90 or 7.19% as of 10:09AM EDT on over 263,000 shares following earnings news.

The Company announced yesterday on the bell its financial results for the first quarter ended March 31, 2013. Net income attributable to Green Plains for the quarter was $2.6 million, or $0.08 per diluted share, compared to a net loss of ($12.7) million, or ($0.39) per diluted share, for the same period in 2012. The first quarter of 2012 included a one-time charge of $2.4 million, after tax, or $0.08 per share, as a result of a legal settlement. Revenues were $765.5 million for the first quarter of 2013 compared to $775.4 million for the same period in 2012.


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