Andersons Inc reports results for the quarter ended in March - Earnings Summary

Andersons

02/05/2023 23:03

* Andersons Inc  ANDE.OQ  reported quarterly adjusted
earnings of
20 cents​​ per share for the quarter ended in March. The mean
expectation of three analysts for the quarter was for earnings
of 18 cents per share.
    * Revenue fell 2.4% to $3.88 billion from a year ago;
analysts
expected $3.94 billion. 
    * Andersons Inc's reported EPS for the quarter was a loss
of 44
cents​.
    * The mean earnings estimate of analysts had risen by
about 5.9%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Andersons Inc shares had risen by 8.3% this quarter and
gained 27.9% so far this year.
    * The company reported a quarterly loss of $14.75 million.
    * Wall Street's median 12-month price target for Andersons
Inc is
$55.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data May
2 at 10:03 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.18           0.20           Beat
 Dec. 31 2022      0.47           0.98           Beat
 Sep. 30 2022      0.37           0.50           Beat
 Jun. 30 2022      0.98           2.39           Beat