Loading...
•
Dec 31, 2019
Andersons Q4 2019 Earnings Report
The Andersons reported mixed results due to trade group challenges but was offset by ethanol group merger and strong performance.
Key Takeaways
The Andersons, Inc. reported a net income of $6.6 million, or $0.19 per diluted share, and an adjusted net income of $18.4 million, or $0.55 per diluted share, for the fourth quarter ended December 31, 2019. The acquisition of Lansing Trade Group continued to perform well, and the Ethanol Group's operating results reflected the favorable impact of hedging activity.
Net income of $6.6 million, or $0.19 per diluted share
Adjusted net income of $18.4 million, or $0.55 per diluted share
Adjusted EBITDA rose 21 percent year over year to $76.1 million
Ethanol Group records pretax income of $41.2 million
Forward Guidance
The impacts of Trade and Ethanol Group transactions, along with the new ELEMENT ethanol plant, set the company up well for improved company performance in 2020.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...