earnings
confidence high
sentiment negative
materiality 0.75
Andersons Q2 net income $36M ($1.05 EPS) down 35% YoY; adjusted EPS $1.15
Andersons, Inc.
2024-Q2 EPS reported
$1.21
revenue$5,513,422,000
- Net income attributable to company $36M, down from $55M in Q2 2023; diluted EPS $1.05 vs $1.61.
- Adjusted net income $39M, adjusted EPS $1.15; adjusted EBITDA $98M.
- Renewables pretax income $39M (adj. $23M); Trade adj. pretax $9M; Nutrient & Industrial pretax $23M.
- Announced plan to acquire ownership interest in Skyland Grain LLC, update expected Q3.