Andersons Q2 adjusted EPS beats analyst expectations

Andersons

03/08/2026 21:15

Overview
US agriculture and renewable fuels company's Q2 adjusted EPS beat analyst expectations
Q2 adjusted net income and adjusted EBITDA both beat analyst expectations
Sales and merchandising revenues declined slightly yr/yr; renewables segment delivered record results

Outlook
Company anticipates Port of Houston soybean meal export capabilities to be operational in Q4
Company expects full-year adjusted effective tax rate of 14%-18%
Andersons sees supportive ethanol market fundamentals and strong demand for renewable feedstocks

Result Drivers
RENEWABLES PERFORMANCE - Record Renewables segment results driven by efficient plant operations, strong ethanol export demand, and $24 mln in 45Z tax credits
FERTILIZER MARGINS - Agribusiness segment improvement led by higher fertilizer margins despite lower volumes
MARKET VOLATILITY - Merchandising businesses benefited from periods of market volatility, improving results in both Agribusiness and Renewables

Company press release: ID:nPn48MhSBa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales and Merchandising Revenues
 
$3.10 bln
 
Q2 Adjusted EPS
Beat
$2.15
$1.45 (4 Analysts)
Q2 EPS
 
$1.65
 
Q2 Adjusted Net Income
Beat
$73.60 mln
$49.55 mln (4 Analysts)
Q2 Net Income
 
$56.60 mln
 
Q2 Adjusted EBITDA
Beat
$140.30 mln
$109.40 mln (4 Analysts)

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the fishing & farming peer group is "buy"
Wall Street's median 12-month price target for Andersons Inc is $85.00, about 20.1% above its July 31 closing price of $70.78
The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 15 three months ago

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Aug 3 - Tyson Foods cuts profit forecast as tight US cattle supplies hurt beef business
Aug 3 - Chinese state traders make large US soybean purchases
Aug 3 - CNH raises annual profit forecast on improving construction equipment demand

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)