Andersons Inc reports results for the quarter ended September 30 - Earnings Summary

• Andersons Inc reported quarterly adjusted earnings of $1.38​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 84 cents. The mean expectation of four analysts for the quarter was for earnings of $1.13 per share. Wall Street expected results to range from $1.05 to $1.19 per share.

• Revenue rose 5.8% to $2.83 billion from a year ago; analysts expected $2.97 billion.

• Andersons Inc's reported EPS for the quarter was $1.36​.

• The company reported quarterly net income of $46.45 million.

• Andersons Inc shares had fallen by 2.6% this quarter and gained 20.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 3.4% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," no "hold" and no "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 $90.00, about 28.9% above its last closing price of $63.97

This summary was machine generated from LSEG data November 3 at 10:44 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)