earnings
confidence high
sentiment positive
materiality 0.75
Andersons posts record Q4; adj. EPS $1.59, full-year adj. EBITDA $405M above guidance
Andersons, Inc.
2023-FY EPS reported
$2.94
revenue$14,750,112,000
- Q4 net income $51M ($1.49 diluted EPS); adjusted EPS $1.59, up from $0.98 YoY.
- Adjusted EBITDA $135M vs $104M in Q4 2022; full-year $405M, above $350-375M guidance.
- Renewables record pretax income $60M on strong ethanol production and crush margins.
- Trade pretax income $44M; strong eastern grain assets with wet-drying income.
- Balance sheet strong with $644M cash; CEO cites robust M&A pipeline and carbon growth.