Andersons Inc expected to post earnings of 98  cents a share - Earnings Preview

Andersons

29/07/2022 22:37

* Andersons Inc  ANDE.OQ   ANDE.O  is expected to show a
rise in
quarterly revenue when it reports  results on August 2. 
    * The Maumee Ohio-based  company is expected to report  a
11.5% increase in revenue to $3.65 billion from $3.27 billion a
year ago, according to the mean estimate from 4 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Andersons Inc is
for
earnings of 98 cents per share. For the same quarter last year,
the company reported earnings of $1.31 per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"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
$50​, above​ its last closing price of $35.20. ​​​
    * 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 2022  0.61        0.62       0.18      Missed  -71
 Dec. 31 2022  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
 ​​Mar.        0.04        0.03       0.46      Beat    1,280.
 31 2021                                                1
 Dec. 31 2020  0.55        0.55       0.59      Beat    7.9​
 Sep. 30 2020  -0.12       -0.12      -0.07     Beat    40
 Jun. 30 2020  -0.22       -0.28      0.88      Beat    414.3
 This summary was machine generated July 29 at 21:37 GMT.  All
figures in US dollars  unless otherwise stated