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In the financial first quarter of 2022 CRDE reported soft top and bottom-line, where EPS plummeted by -50.9 % and revenue by -10.188 % year on year. Revenue were to $
134.95 millions compared to $150.26 millions eps at $1,089.00 in contrast to $2,218.00 in the financial span ending December 31 2021.
From the prior three months, earnings per share soared by 48.54 % from $733.13 per share and Revenues grew by 4.448 % from $129.20 millions.
Bottom-line of $15.906 millions in the financial first quarter of 2022 fell by -50.9 % from $32.395 millions in the corresponding period a year before. Looking further into financial first quarter of 2022 Cardinal Ethanol Llc's profitability, operating margin mitigated to 11.61%, and net margin shrank to 11.79%.
Operating earnings, fell -52.21% to $15.66634 millions, squeezing Cardinal Ethanol Llc's operating margin to %.
Cardinal Ethanol Llc is expected to report next financial earnings on May 04, 2023.