The Andersons Q2 net income $43.5M ($1.30 EPS); adjusted EBITDA $118.1M record

Andersons, Inc.

2021-Q2 EPS reported $1.74 revenue$5,909,455,000

Net income $43.5M ($1.30 diluted EPS); adjusted net income $43.7M ($1.31 adjusted EPS).
Adjusted EBITDA $118.1M, up $48.1M YoY, highest quarterly EBITDA ever.
Trailing twelve-month adjusted EBITDA >$342M, exceeding $300M run-rate goal.
Segment pretax: Trade $14.1M, Ethanol $23.5M, Plant Nutrient $24.0M, Rail $3.1M; all improved YoY.
CEO Pat Bowe cites strong demand and expects large fall harvests to drive 2022 performance.

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