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Andersons Q2 2023 Earnings Report

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$44.40 +0.22 (+0.50%)
As of 01/17/2025 04:00 PM Eastern

Andersons EPS Results

Actual EPS
$1.52
Consensus EPS
$1.06
Beat/Miss
Beat by +$0.46
One Year Ago EPS
$2.39

Andersons Revenue Results

Actual Revenue
$4.02 billion
Expected Revenue
$4.13 billion
Beat/Miss
Missed by -$113.72 million
YoY Revenue Growth
-9.70%

Andersons Announcement Details

Quarter
Q2 2023
Time
After Market Closes

Conference Call Resources

Andersons Earnings Headlines

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About Andersons

Andersons (NASDAQ:ANDE) operates in trade, renewables, and nutrient and industrial sectors in the United States, Canada, Mexico, Egypt, Switzerland, and internationally. It operates through three segments: Trade, Renewables, and Nutrient & Industrial. The company's Trade segment operates grain elevators; stores commodities; and provides grain marketing, risk management, and origination services, as well as sells commodities, such as corn, soybeans, wheat, oats, ethanol, and corn oil. This segment also engages in the commodity merchandising business, as well as offers logistics for physical commodities, such as whole grains, grain products, feed ingredients, domestic fuel products, and other agricultural commodities. Its Renewables segment produces, purchases, and sells ethanol, and co-products, as well as offers facility operations, risk management, and marketing services to the ethanol plants it invests in and operates. The company's Nutrient & Industrial segment manufactures, distributes, and retails agricultural and related plant nutrients, liquid industrial products, corncob-based products, and pelleted lime and gypsum products, as well as turf fertilizer, pesticide, and herbicide products; and crop nutrients, crop protection chemicals, and seed products, as well as provides application and agronomic services to commercial and family farmers. In addition, this segment produces corncob-based products for laboratory animal bedding and private-label cat litter, as well as absorbents, blast cleaners, carriers, and polishers; professional lawn care products for golf course and turf care markets; fertilizer and weed, and pest control products; dry and liquid agricultural nutrients, pelleted lime, gypsum, and soil amendments; and micronutrients, as well as industrial products comprising nitrogen reagents, calcium nitrate, deicers, and dust abatement products. The Andersons, Inc. was founded in 1947 and is based in Maumee, Ohio.

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