earnings
confidence high
sentiment positive
materiality 0.80
Andersons Q4 net income $15M ($0.44 EPS); record full-year EPS $3.46; Trade segment strong
Andersons, Inc.
2022-FY EPS reported
$3.81
revenue$17,325,384,000
- Q4 adjusted net income $34M ($0.98/share); adjusted EBITDA $104M.
- Trade segment record adjusted pretax $52M on strong elevation margins and merchandising.
- Full-year net income $119M ($3.46/share); adjusted EPS $4.05; adjusted EBITDA $412M.
- Renewables pretax $19M ($13M attributable); solid plant performance but lower ethanol margins.
- CEO expects robust growth pipeline with several transactions to close in 2023.