Renewable Energy Group reports 2Q loss

AMES, Iowa (AP) _ Renewable Energy Group Inc. (REGI) on Thursday reported a second-quarter loss of $34.8 million, after reporting a profit in the same period a year earlier. The Ames, Iowa-based company said it had a loss of 90 cents per share. Losses, adjusted for non-recurring costs, came to 6...

AMES, Iowa (AP) _ Renewable Energy Group Inc. (REGI) on Thursday reported a second-quarter loss of $34.8 million, after reporting a profit in the same period a year earlier.

The Ames, Iowa-based company said it had a loss of 90 cents per share. Losses, adjusted for non-recurring costs, came to 6 cents per share.

The biodiesel producer posted revenue of $535.1 million in the period.

Renewable Energy Group shares have increased 31 percent since the beginning of the year. The stock has risen 30 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on REGI at https://www.zacks.com/ap/REGI

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Keywords: Renewable Energy Group, Earnings Report

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