FMP

FMP

Green Plains Inc. (NASDAQ: GPRE) Surpasses EPS Estimates but Misses on Revenue in Q3 2025

  • Earnings Per Share (EPS) of $0.35 exceeded the estimated -$0.03, showcasing better-than-expected profitability.
  • Actual revenue of approximately $508.5 million fell short of the estimated $583.5 million, indicating a revenue shortfall.
  • The company reported a net income of $11.9 million, a significant decrease from the previous year's $48.2 million.

Green Plains Inc. (NASDAQ:GPRE) is a leading company in the production of ethanol and other biofuels, operating within the renewable energy sector. On November 5, 2025, GPRE reported its earnings before the market opened, revealing an EPS of $0.35, which exceeded the estimated EPS of approximately -$0.03.

Despite the positive EPS, GPRE's actual revenue for the period was approximately $508.5 million, falling short of the estimated $583.5 million. This revenue shortfall was discussed during the company's Q3 2025 earnings call, led by CFO Phil Boggs and CEO Chris Osowski. The call, attended by analysts from UBS Investment Bank, Stephens Inc., and Tudor, Pickering, Holt & Co. Securities, provided insights into the company's financial performance and strategic direction.

GPRE reported a net income of $11.9 million, or $0.17 per diluted share, for Q3 2025. This represents a significant decrease from the same period in 2024, where net income was $48.2 million, or $0.69 per diluted share. The decline was primarily due to a $35.7 million non-recurring interest expense related to the extinguishment of junior mezzanine notes.

The price-to-sales ratio is about 0.33, suggesting the market values the company's sales at roughly one-third of its current market price. The enterprise value to sales ratio is approximately 0.46, reflecting the company's valuation in relation to its sales.

Despite these challenges, GPRE maintains a relatively healthy liquidity position, with a current ratio of approximately 1.68, indicating its ability to cover short-term liabilities. The debt-to-equity ratio is around 0.54, showing a moderate level of debt relative to equity. However, the enterprise value to operating cash flow ratio is notably negative at -44.23, highlighting difficulties in generating positive cash flow from operations.