secwatch.observer — SEC 8-K summary
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Issuer:     Andersons, Inc. (ANDE)
CIK:        0000821026
Form:       8-K
Filed at:   2023-08-01T23:59:59+00:00
Accession:  0000821026-23-000168
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/821026/000082102623000168/0000821026-23-000168-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/821026/000082102623000168/ande-20230801.htm
  HTML page:      https://secwatch.observer/filing/0000821026-23-000168

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer