secwatch.observer — SEC 8-K summary
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Issuer:     Andersons, Inc. (ANDE)
CIK:        0000821026
Form:       8-K
Filed at:   2022-05-03T23:59:59+00:00
Accession:  0000821026-22-000125
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

The Andersons Q1 net income $6.1M ($0.18 EPS); Plant Nutrient sets record
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- Net income from continuing ops $6.1M ($0.18 diluted EPS), down from $11.6M YoY; adjusted EPS $0.18 vs $0.36.
- EBITDA $55.8M; Plant Nutrient record Q1 pretax income $10.7M.
- Renewables pretax income $5.5M, including $8.3M mark-to-market loss expected to reverse in Q2.
- Trade pretax income $3.7M, down from $14.3M; built grain ownership at low basis values.
- Credit agreement amended and extended to 2027, expanding borrowing capacity.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/821026/000082102622000125/0000821026-22-000125-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/821026/000082102622000125/ande-20220503.htm
  HTML page:      https://secwatch.observer/filing/0000821026-22-000125

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer