Andersons set for best day in over 16 years after better-than-expected quarterly results

Andersons

19/02/2025 15:38

** Shares of agricultural supply firm Andersons  ANDE.O  up
as much as 26.2% to a more than six-month high at $51.22
    ** ANDE's stock set for its best percentage gain in over 16
years
    ** On Tuesday, the company reported a Q4 adj. profit of
$1.36/shr, above analysts' estimates of 92 cents/shr, according
to data compiled by LSEG
    ** Company posted Q4 sales of $3.12 bln, above estimates of
$2.72 bln
    ** ANDE fell 29.7% in 2024

 (Reporting by Kamal Choudhury in Bengaluru)
 ((Kamal.Choudhury@thomsonreuters.com;))