earnings
confidence high
sentiment positive
materiality 0.75
The Andersons Q3 net income $17.4M ($0.50 EPS); Trade segment strong
Andersons, Inc.
2022-Q3 EPS reported
$3.55
revenue$12,647,896,000
- Net income from continuing ops $17.4M ($0.50 diluted EPS) vs $13.9M ($0.41) in Q3 2021.
- EBITDA from continuing ops $83.0M, up from $67.9M; adjusted EBITDA $83.0M vs $56.3M.
- Trade pretax income $40.7M; Renewables attributable pretax $8.4M; Plant Nutrient loss $11.6M.
- Announced acquisitions of Bridge Agri and Mote Farm Service during the quarter.
- YTD diluted EPS from continuing ops $3.02 vs $1.99; adjusted EPS $3.07 vs $1.75.