Green Plains Renewable Energy (GPRE -11%) slides after posting Q2 per share losses that were far...

|About: Green Plains Inc. (GPRE)|By:, SA News Editor

Green Plains Renewable Energy (GPRE -11%) slides after posting Q2 per share losses that were far greater than expected, despite a slight improvement in revenue. Revenue increased marginally during the quarter, due largely to higher profits in its corn oil production and agribusiness segments, but bottom line results were hammered by higher operating expenses and reduced ethanol production due to less-than-favorable operating margins.