secwatch.observer — SEC 8-K summary
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Issuer:     Andersons, Inc. (ANDE)
CIK:        0000821026
Form:       8-K
Filed at:   2023-11-07T23:59:59+00:00
Accession:  0000821026-23-000216
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Andersons Q3 adj EPS $0.13, net income $10M; reaffirms FY adj EBITDA $350-375M
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- Net income $10M ($0.28 EPS); adjusted net income $5M ($0.13 adj EPS) vs $17.4M ($0.50) YoY.
- Adjusted EBITDA $70M for Q3; full-year guidance reaffirmed at $350-375M.
- Renewables segment posted record Q3 pretax income of $47M ($26M attributable) on strong ethanol operations.
- Trade segment solid operations offset by international currency loss; Nutrient & Industrial loss improved YoY.
- Acquired pet food ingredient supplier ACJ International in Q3; pursuing renewables growth opportunities.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/821026/000082102623000216/0000821026-23-000216-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/821026/000082102623000216/ande-20231107.htm
  HTML page:      https://secwatch.observer/filing/0000821026-23-000216

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