secwatch.observer — SEC 8-K summary
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Issuer:     Andersons, Inc. (ANDE)
CIK:        0000821026
Form:       8-K
Filed at:   2024-05-07T23:59:59+00:00
Accession:  0000821026-24-000135
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Andersons Q1 net income $6M, EPS $0.16; Renewables doubles pretax income to $23M
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- Net income of $6M ($0.16 diluted EPS); adjusted EPS also $0.16.
- EBITDA $51M; Trade adjusted pretax income $9M vs $24M a year ago.
- Renewables pretax income $23M doubled from Q1 2023 on strong ethanol plant ops.
- Nutrient & Industrial improved by $8.5M; closed bolt-on acquisition of Reed and Perrine.
- No guidance changes; growth projects underway for renewable diesel and carbon intensity.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/821026/000082102624000135/0000821026-24-000135-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/821026/000082102624000135/ande-20240507.htm
  HTML page:      https://secwatch.observer/filing/0000821026-24-000135

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