Andersons Q2 net income $55M ($1.61 EPS); adj. EBITDA $144M; Renewables drag

Andersons, Inc.

2023-Q2 EPS reported $1.18 revenue$7,901,421,000

Net income of $55M (diluted EPS $1.61) vs. $80.5M ($2.34) in Q2 2022; adjusted EPS $1.52.
Adjusted EBITDA from continuing operations $144.4M, down from $169.3M a year ago.
Renewables adjusted pretax income $32.4M; Nutrient & Industrial $42.6M; Trade $7.2M.
Closed acquisition of ACJ International, a pet food ingredient supplier, during the quarter.
Year-to-date adjusted pretax income $80.6M vs. $107.2M in prior-year period.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Andersons, Inc. reported Second quarter ended June 30, 2023 results: net income $55 million, EPS $1.61 per diluted share.

Period: Second quarter ended June 30, 2023
Net income: $55 million
EPS: $1.61 per diluted share
Result: reported results

Exact text from the filing

The Andersons, Inc. (Nasdaq: ANDE) announces financial results for the second quarter ended June 30, 2023. Second Quarter Highlights: • Company reported net income attributable to The Andersons of $55 million, or $1.61 per diluted share and adjusted net income of $52 million, or $1.52 per diluted share

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13 earnings releases filed in the last 30 days. Browse all earnings releases →

Andersons, Inc. filing history →

Source: SEC EDGAR

accession 0000821026-23-000168

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