earnings
confidence high
sentiment positive
materiality 0.75
Andersons posts record Q4 adjusted EPS $2.04; net income $67M, up 50% YoY
Andersons, Inc.
- Q4 net income $67.4M, diluted EPS $1.97; adjusted EPS $2.04 (record).
- Renewables segment pretax income $54.3M on record production and biofuels policy benefits.
- Agribusiness pretax income $45.0M on solid operations through record corn harvest.
- Full-year adjusted net income $111M, diluted EPS $3.23; adjusted EBITDA $337M.
- Announced $60M investment to expand Clymers ethanol plant capacity; multiple capital projects underway.