Andersons Inc ANDE.OQ reported quarterly adjusted earnings of $1.05 per share for the quarter ended in June, lower than the same quarter last year, when the company reported EPS of $1.52. The lone analyst forecast for the quarter was for earnings of $1.09 per share.
Revenue fell 30.5% to $2.80 billion from a year ago; analysts expected $3.20 billion.
Andersons Inc's reported EPS for the quarter was $1.05.
The company reported quarterly income of $35.98 million.
Andersons Inc shares had fallen by 4.5% this quarter and lost 17.7% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 16.8% in the last three months.
In the last 30 days, there have been earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," "hold" and "sell" or "strong sell."
The average consensus recommendation for the fishing & farming peer group is also "buy"
Wall Street's median 12-month price target for Andersons Inc is $70.00
This summary was machine generated from LSEG data August 6 at 10:56 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING |
ESTIMATE |
ACTUAL |
BEAT, MET, MISSED |
Jun. 30 2024 |
1.09 |
1.05 |
Missed |
Mar. 31 2024 |
0.06 |
0.16 |
Beat |
Dec. 31 2023 |
0.99 |
1.59 |
Beat |
Sep. 30 2023 |
0.53 |
0.13 |
Missed |