Core Points - The Andersons, Inc. announced a fourth quarter 2024 cash dividend of $0.19 per share, payable on October 22, 2024, to shareholders of record as of October 1, 2024 [1] - The company's board has authorized a share repurchase program of up to $100 million of outstanding common stock, aimed at returning cash to shareholders [1] - The share repurchase will occur in open market transactions, depending on stock price and market conditions, with the program effective for three years [2] - This marks The Andersons' 112th consecutive quarterly cash dividend since its Nasdaq listing in February 1996 [2] Company Overview - The Andersons, Inc. is recognized in 2024 by Forbes as one of America's Most Successful Small Companies and by Newsweek as one of America's Most Responsible Companies [3] - The company operates in agriculture, focusing on commodity merchandising, renewables, and nutrient & industrial sectors [3] - The Andersons is committed to providing exceptional service, supporting employee development, and enhancing community value [3]

Financial Performance - Sales and merchandising revenues decreased from $4020 million to $2795 million[10] - Gross profit decreased from $222 million to $175 million[10] - Pretax income decreased from $104 million to $57 million[10] - Adjusted EBITDA decreased from $144 million to $98 million[10] Segment Highlights - **Trade:** Revenues decreased from $2697 million to $1758 million, and adjusted EBITDA decreased from $27 million to $24 million[17] - **Renewables:** Revenues decreased from $878 million to $686 million, and adjusted EBITDA decreased from $74 million to $52 million[21] - **Nutrient & Industrial:** Revenues decreased from $446 million to $351 million[23] Liquidity - The company had $530 million cash on hand as of June 30, 2024[12] - The company maintains a long-term debt-to-EBITDA ratio below 2.5x, currently at 1.6x[14]

The Andersons, Inc. (NASDAQ:ANDE) Q2 2024 Earnings Conference Call August 7, 2024 11:00 AM ET Company Participants Mike Hoelter – Vice President, Corporate Controller and Investor Relations Pat Bowe – President and Chief Executive Officer Brian Valentine – Executive Vice President and Chief Financial Officer Bill Krueger – Chief Operating Officer Conference Call Participants Ben Klieve – Lake Street Capital Markets Scott Fortune – ROTH Capital Partners Ben Mayhew – BMO Capital Markets Jason Miner – Bloomber ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended 06/30/2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission file number 000-20557 THE ANDERSONS, INC. (Exact name of the registrant as specified in its charter) Ohio 34-1562374 (State of incorporation o ...

Exhibit 99.1 NEWS RELEASE The Andersons, Inc. Reports Second Quarter Results MAUMEE, OHIO, August 6, 2024 - The Andersons, Inc. (Nasdaq: ANDE) announces financial results for the second quarter ended June 30, 2024. Second Quarter Highlights: • Company reported net income attributable to The Andersons of $36 million, or $1.05 per diluted share and adjusted net income of $39 million, or $1.15 per diluted share • Adjusted EBITDA was $98 million for the quarter • Renewables reported pretax income of $39 million ...

MAUMEE, Ohio, Aug. 6, 2024 /PRNewswire/ -- The Andersons, Inc. (Nasdaq: ANDE) announces financial results for the second quarter ended June 30, 2024.Second Quarter Highlights:Company reported net income attributable to The Andersons of $36 million, or $1.05 per diluted share and adjusted net income of $39 million, or $1.15 per diluted shareAdjusted EBITDA was $98 million for the quarterRenewables reported pretax income of $39 million and adjusted pretax income attributable to The Andersons of $23 million on ...

Group 1 - The Andersons, Inc. will release its financial results for Q2 2024 on August 6, 2024, after 4 p.m. Eastern Time [1] - A webcast to discuss the results and provide a company update will be held on August 7, 2024, at 11 a.m. Eastern Time [1] - The company can be contacted via phone for the webcast using specific toll-free and international numbers [1] Group 2 - The Andersons, Inc. has been recognized in 2024 by Forbes as one of America's Most Successful Small Companies and by Newsweek as one of America's Most Responsible Companies [2] - The company operates in the agriculture sector, focusing on commodity merchandising, renewables, and nutrient & industrial sectors [2] - The Andersons is committed to extraordinary customer service, employee improvement, community support, and increasing company value [2]

Group 1 - The Andersons, Inc. announced a third quarter 2024 cash dividend of $0.19 per share, payable on July 22, 2024, to shareholders of record as of July 1, 2024 [1] - This marks the 111th consecutive quarterly cash dividend since the company was listed on Nasdaq in February 1996 [1] Group 2 - The Andersons, Inc. has been recognized in 2024 by Forbes as one of America's Most Successful Small Companies and by Newsweek as one of America's Most Responsible Companies [2] - The company operates in diversified sectors including commodity merchandising, renewables, and nutrient & industrial sectors, emphasizing its commitment to customer service, employee development, community support, and company value enhancement [2]

The Andersons (ANDE) has been on a downward spiral lately with significant selling pressure. After declining 6.7% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will report better earnings than they predicted earlier.How to Determine if a Stock is OversoldWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a st ...

MAUMEE, Ohio, June 6, 2024 /PRNewswire/ -- The Andersons, Inc. (Nasdaq: ANDE) and Skyland Grain, LLC have signed a non-binding letter of intent for The Andersons to purchase an ownership interest in Skyland, operating in South Central and Southwest Kansas, Northwest Oklahoma, Eastern Colorado, and Texas."Our two companies are aligned in our vision to serve our local producers and expanded customer base," says Pete Goetzmann, Skyland's chief executive officer. "This proposed transaction provides an opportuni ...