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

Andersons

01/11/2022 22:05

* Andersons Inc  ANDE.OQ  reported quarterly adjusted
earnings of
50 cents​​ per share for the quarter ended in September. The
mean expectation of four analysts for the quarter was
for earnings of 37 cents per share.
    * Revenue rose 40.7% to $4.22 billion from a year ago;
analysts
expected $3.31 billion. 
    * Andersons Inc's reported EPS for the quarter was $1.06​.
    * The mean earnings estimate of analysts had fallen by
about 29.3%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Andersons Inc shares had risen by 13.7% this quarter and
lost 8.9% so far this year.
    * The company reported quarterly net income of $36.75
million.
    * Wall Street's median 12-month price target for Andersons
Inc is
$47.50 
    * 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." 

This summary was machine generated from Refinitiv data November
1 at 10:05 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.37           0.50           Beat
 Jun. 30 2022      0.98           2.39           Beat
 Mar. 31 2022      0.62           0.18           Missed
 Dec. 31 2021      0.66           1.14           Beat