Pacific Ethanol came out with a quarterly loss of $0.74 per share versus the Zacks Consensus Estimate of a loss of $0.24, reports Yahoo Finance.
This compares to loss of $0.32 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -208.33%. A quarter ago, it was expected that this ethanol producer would post a loss of $0.13 per share when it actually produced a loss of $0.18, delivering a surprise of -38.46%.
Over the last four quarters, the company has surpassed consensus EPS estimates just once.
