Andersons Q3 net income $27M ($0.80 EPS); closes $85M Skyland Grain acquisition

Andersons, Inc.

2024-Q3 EPS reported $2.01 revenue$8,134,410,000

Net income attributable to The Andersons of $27M ($0.80 diluted EPS); adjusted EPS $0.72.
Adjusted EBITDA record $97M for Q3; Renewables best-ever Q3 pretax income $53M.
Trade pretax income $26M (up from $5.4M YoY); Nutrient & Industrial loss improved to $6.1M.
Closed $85M investment for 65% ownership in Skyland Grain, expanding footprint in Kansas, Colorado, Texas panhandles.
Announced investment in Houston port facility to improve grain export and add soybean meal storage capacity.

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