---
schema_version: "secwatch.filing_event.v1"
accession: "0000821026-23-000168"
form_type: "8-K"
ticker: "ANDE"
cik: "0000821026"
company_name: "Andersons, Inc."
filed_at: "2023-08-01T23:59:59+00:00"
generated_at: "2026-06-12T19:52:02.062686+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000821026-23-000168
- form_type: 8-K
- ticker: ANDE
- cik: 0000821026
- company_name: Andersons, Inc.
- filed_at: 2023-08-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/821026/000082102623000168/0000821026-23-000168-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/821026/000082102623000168/ande-20230801.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000821026-23-000168
- JSON: https://secwatch.observer/filing/0000821026-23-000168.json
- Plain text: https://secwatch.observer/filing/0000821026-23-000168.txt

## Key facts
- Earnings Releases
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/821026/000082102623000168/0000821026-23-000168-index.htm

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