Seeking Alpha

FutureFuel +21% premarket following easy beats on Q4 earnings, revenues

  • FutureFuel (FF+21.2% premarket after the biofuels maker reported its Q4 net income soared 330% Y/Y to $26.5M on strength in its chemical and biodiesel business lines, and revenue rose 68% Y/Y to $125.6M, easily beating analyst expectations.
  • For FY 2013, FF reported net income of $74M, up 116% from 2012, and revenue of $445M, up 27% Y/Y; revenue from biofuels rose 48% Y/Y to $283.4M.
  • President Lee Mikles says FF is committed to growing organically and through acquisitions.
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