OMAHA, Neb. (AP) — OMAHA, Neb. (AP) — Green Plains Renewable Energy Inc. (GPRE) on Friday reported a loss of $51.4 million in its first quarter.
On a per-share basis, the Omaha, Nebraska-based company said it had a loss of 81 cents.
The results missed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 33 cents per share.
The ethanol production, marketing and commodities company posted revenue of $597.2 million in the period, also missing Street forecasts. Three analysts surveyed by Zacks expected $692.1 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GPRE at https://www.zacks.com/ap/GPRE
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