earnings
confidence high
sentiment negative
materiality 0.70
Andersons Q4 adj EPS $1.36 vs $1.59 YoY; full year net income $114M
Andersons, Inc.
2024-FY EPS reported
$3.32
revenue$11,257,548,000
- Q4 net income attributable to company $45.1M ($1.31 diluted EPS); adjusted net income $46.9M ($1.36 adj EPS).
- Trade segment Q4 record pretax income $53.6M; Renewables pretax income $16M, down $16.7M YoY.
- Full year adjusted EBITDA $363.4M vs $405.1M in 2023; cash balance $562M.
- CEO cites early harvest, Skyland Grain integration, and expectations for increased corn acres.
- Renewables results declined due to lower ethanol prices and co-product values despite record production.