Andersons Inc expected to post earnings of $1.09 a share - Earnings Preview

Andersons

29/07/2023 24:01

* Andersons Inc  ANDE.OQ   ANDE.O  is expected to show a
fall in
quarterly revenue when it reports  results on August 1. 
    * The Maumee Ohio-based  company is expected to report  a
7.1% decrease in revenue to $4.134 billion from $4.45 billion a
year ago, according to the mean estimate from 3 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Andersons Inc is
for
earnings of $1.09 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Andersons
Inc is
$55​, above​ its last closing price of $49.55. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.18        0.18       0.20      Beat    11.1
 Dec. 31 2023  0.48        0.47       0.98      Beat    110
 Sep. 30 2022  0.43        0.37       0.50      Beat    35.1​
 Jun. 30 2022  0.96        0.98       2.39      Beat    144.7
 ​​Mar.        0.61        0.62       0.18      Missed  -71
 31 2022                                                
 Dec. 31 2021  0.68        0.66       1.14      Beat    72.7​
 Sep. 30 2021  -0.11       -0.11      0.15      Beat    232.4
 Jun. 30 2021  0.61        0.61       1.31      Beat    114.8
 This summary was machine generated July 28 at 23:01 GMT.  All
figures in US dollars  unless otherwise stated