Andersons Inc expected to post earnings of 6 cents a share - Earnings Preview

Andersons

04/05/2024 03:05

* Andersons Inc  ANDE.OQ   ANDE.O  is expected to show a
fall in
quarterly revenue when it reports  results on May 7 for the
period ending March 31 2024
    * The Maumee Ohio-based  company is expected to report a
10.8% decrease in revenue to $3.46 billion from $3.88 billion a
year ago, according to the mean estimate from 2 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Andersons Inc is for
earnings
of 6 cents per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "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
$67.50​, above​ its last closing price of $56.51. ​​​

This summary was machine generated May 4 at 02:04 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)