What to Watch When Renewable Energy Group Reports
Despite the consumption-sapping effects of the coronavirus pandemic, especially potent in transportation fuel markets, shares of Renewable Energy Group (NASDAQ: REGI) have proven surprisingly resilient. The biodiesel and renewable diesel manufacturer is by no means immune to market forces, but the business can collect healthy tax credits from each gallon of fuel sold.
That provides at least some level of protection for shareholders. How much? Well, that's the most important question facing analysts and investors ahead of the company's second-quarter 2020 earnings conference call, scheduled to take place after market close on Aug. 4. Here are the factors that will dictate the answer to that pressing question and the trajectory of the small-cap stock.
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Source Fool.com
