Roth Capital analyst weighed in with a favorable report on shares of Pacific Ethanol Inc (NASDAQ:), after the ethanol maker released its second-quarter results, posting revenues and EPS of $442.9 million and $0.11, compared to Irwin’s estimates at $395 million and $0.06, respectively.
Irwin noted, “Pacific Ethanol reported strong 2Q16 results on materially improved crush margins. We see the supply/demand balance as positive, where the outlook for...
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