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Pacific Ethanol Reports Q4 Loss

Company misses revenue estimates

Stock market 2616931 960 720

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.

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