earnings
confidence high
sentiment positive
materiality 0.80
Andersons Q1 net income $33M, adj. EPS $1.12; Renewables pretax $40M on record production
Andersons, Inc.
2026-Q1 EPS reported
$0.97
revenue$2,627,266,000
- Record first quarter net income attributable to The Andersons of $33M ($0.97 diluted EPS); adjusted net income $38M ($1.12 EPS).
- Adjusted EBITDA $91M; Renewables segment pretax income $40M on record production and biofuels policy benefits.
- Agribusiness adjusted pretax income $18M vs. loss of $0.1M a year ago; premium ingredients more than doubled.
- Capital investments ongoing: Port Houston soybean meal export, Toledo grain storage, Clymers ethanol debottlenecking to 170M gallons.
- Reaffirms $7.00 run-rate EPS target exiting 2028; evaluating additional growth projects.