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The Andersons(ANDE) - 2024 Q2 - Quarterly Report
2024-08-07 17:28
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 ...
The Andersons(ANDE) - 2024 Q2 - Quarterly Results
2024-08-06 20:34
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 ...
The Andersons, Inc. Reports Second Quarter Results
Prnewswire· 2024-08-06 20:05
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 ...
The Andersons, Inc. to Release Second Quarter Results on August 6
Prnewswire· 2024-07-16 20:05
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]
The Andersons, Inc. Declares Cash Dividend for Third Quarter 2024
Prnewswire· 2024-06-20 20:05
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]
Down -6.67% in 4 Weeks, Here's Why You Should You Buy the Dip in Andersons (ANDE)
ZACKS· 2024-06-14 14:36
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 ...
The Andersons, Inc. Signs Letter of Intent to Purchase an Ownership Interest in Skyland Grain, LLC
Prnewswire· 2024-06-06 20:05
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 ...
The Andersons to Present at BMO Global Farm to Market Conference
Prnewswire· 2024-05-13 20:05
Core Insights - The Andersons, Inc. will present at the BMO Capital Markets Global Farm to Market Conference on May 15, 2024, with key executives participating [1] - The company 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 Andersons operates in the agriculture sector, focusing on commodity merchandising, renewables, and plant nutrients [2] Company Overview - The Andersons, Inc. is a diversified company rooted in agriculture, emphasizing extraordinary service to customers and community support [2] - The company is guided by its Statement of Principles, which includes commitments to employee improvement and increasing company value [2] - The Andersons has been acknowledged as one of The Americas' Fastest Growing Companies by the Financial Times [2]
The Andersons(ANDE) - 2024 Q1 - Earnings Call Presentation
2024-05-09 02:42
FIRST QUARTER EARNINGS CALL May 8, 2024 SAFE HARBOR AND NON-GAAP FINANCIAL MEASURES Certain information discussed today constitutes forward-looking statements. Actual results could differ materially from those presented in the forward-looking statements as a result of many factors including general economic, weather, and regulatory conditions, competition, geopolitical risk, and additional factors that are described in the company’s publicly-filed documents, including its ’34 Act filings and the prospectuse ...
The Andersons(ANDE) - 2024 Q1 - Earnings Call Transcript
2024-05-08 21:20
The Andersons, Inc. (NASDAQ:ANDE) Q1 2024 Earnings Conference Call May 8, 2024 11:00 AM ET Company Participants Michael Hoelter - Vice President-Corporate Controller & Investor Relations Patrick Bowe - President & Chief Executive Officer Brian Valentine - Executive Vice President & Chief Financial Officer Bill Krueger - Chief Operating Officer Conference Call Participants Ben Bienvenu - Stephens, Inc. Benjamin Klieve - Lake Street Capital Markets Scott Fortune - Roth MKM Operator Good morning, ladies and ge ...