In a startling turn of events, Cardinal Ethanol LLC, a prominent player in the ethanol industry, experienced a significant downturn in its financial performance during the October to December 2023 period. The companyns income plunged by a staggering -82.92%, with EPS dropping by -89.6% compared to the same quarter the previous year. Revenue also witnessed a sharp decline, fading by -48.787% and tumbling -41.415% sequentially. Net earnings fell by -82.9%, painting a bleak picture for Cardinal Ethanol LLC.Financial Performance:During the October to December 2023 period, Cardinal Ethanol LLC reported an income of $186.00 per share, which is a significant decline compared to $1,089.00 per share recorded in the same quarter the previous year. Similarly, EPS dropped to $1,788.86 per share from the preceding quarter.Furthermore, the revenue for Q4 2023 stood at $69.11 million, down by -48.787% from $134.95 million in the corresponding quarter a year before. Sequentially, the revenue tumbled by -41.415% from $117.97 million. The declin https://csimarket.com/stocks/news.php?code=CRDE&date=2024-02-08223823&utm_source=dlvr.it&utm_medium=tumblr
