Andersons Inc expected to post earnings of 99 cents a share - Earnings Preview

Andersons

16/02/2024 22:30

* Andersons Inc  ANDE.OQ   ANDE.O  is expected to show a
fall in
quarterly revenue when it reports  results on February 20 for
the period ending December 31 2023
    * The Maumee Ohio-based  company is expected to report a
8.9% decrease in revenue to $4.263 billion from $4.68 billion a
year ago, according to the mean estimate from 3 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Andersons Inc is for
earnings
of 99 cents 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
$60.00​, above​ its last closing price of $54.58. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.53        0.53       0.13      Missed  -75.6
 Jun. 30 2023  1.09        1.09       1.52      Beat    39
 Mar. 31 2023  0.18        0.18       0.20      Beat    11.1​
 Dec. 31 2022  0.48        0.47       0.98      Beat    110
 ​​Sep.        0.43        0.37       0.50      Beat    35.1
 30 2022                                                
 Jun. 30 2022  0.96        0.98       2.39      Beat    144.7​
 Mar. 31 2022  0.61        0.62       0.18      Missed  -71
 Dec. 31 2021  0.68        0.66       1.14      Beat    72.7
 This summary was machine generated February 16 at 22:30 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)