---
schema_version: "secwatch.filing_event.v1"
accession: "0000821026-23-000114"
form_type: "8-K"
ticker: "ANDE"
cik: "0000821026"
company_name: "Andersons, Inc."
filed_at: "2023-05-02T23:59:59+00:00"
generated_at: "2026-06-16T04:15:23.451479+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Andersons posts Q1 net loss of $15M; Trade segment achieves record pretax income of $39M

## Summary
- Net loss of $15M ($0.44 diluted EPS); adjusted net income of $7M ($0.20 adjusted EPS).
- Adjusted EBITDA of $55M; Trade segment delivered record first-quarter pretax income of $39M.
- Renewables had $83M pretax loss on non-cash impairment; adjusted pretax income of $6M.
- Nutrient & Industrial (formerly Plant Nutrient) posted pretax loss of $10M on slow planting season.
- CEO cited lower ethanol crush margins and deferred fertilizer purchases; April field work picking up.

## SEC filing metadata
- accession: 0000821026-23-000114
- form_type: 8-K
- ticker: ANDE
- cik: 0000821026
- company_name: Andersons, Inc.
- filed_at: 2023-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/821026/000082102623000114/0000821026-23-000114-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/821026/000082102623000114/ande-20230502.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000821026-23-000114
- JSON: https://secwatch.observer/filing/0000821026-23-000114.json
- Plain text: https://secwatch.observer/filing/0000821026-23-000114.txt

## Key facts
- Earnings Releases
  Andersons, Inc. reported first quarter ended March 31, 2023 results: net income $7 million, EPS $0.20.
  - Period: first quarter ended March 31, 2023
  - Net income: $7 million
  - EPS: $0.20
  - Result: reported results
  source text: Company reported a net loss attributable to The Andersons of $15 million, or $0.44 per diluted share and adjusted net income of $7 million, or $0.20 per diluted share
  evidence_url: https://www.sec.gov/Archives/edgar/data/821026/000082102623000114/0000821026-23-000114-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.