The Andersons, Inc. (NASDAQ:ANDE) is expected to report second quarter earnings results, after market close, on Tuesday 4th August 2020.
Analysts polled by Thomson Reuters anticipate second quarter loss of $ 0.28 per share.
Looking ahead, the full year loss are expected at $ 0.93 per share on the revenues of $ 7769.30 million.
Previous Quarter Performance
The Andersons, Inc. recorded loss for the first quarter of $ 1.32 per share, from the revenue of $ 1,853.00 million. The quarterly revenues decreased 10.89 percent compared with the same quarter last year. The consensus estimates are loss of $ 0.26 per share from $ 2039.00 million in revenue. The bottom line results missed street analysts by $ 1.06 or 407.69 percent, at the same time, top line results fell short of analysts by $ 186 million or 9.12 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of ANDE was $ 14.60, representing a 46.00 % increase from the 52 week low of $ 10.00 and a 49.34 % decrease over the 52 week high of $ 28.82.
The company has a market capital of $ 480.34 million and is part of the Consumer Defensive sector and Food Distribution industry.
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Recent Stock Dividend Announcement
The board of directors has authorized 3Q20 dividend of $ 0.175 per share on June 25, 2020. The dividend were payable on July 22, 2020 to holders of record as of the close of business on July 6, 2020 and ex-dividend date on July 2, 2020.
Conference Call
The Andersons, Inc. will be hosting a conference call at 11:00 AM eastern time on 4th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.andersonsinc.com
The Andersons, Inc., an agriculture company, operates in the grain, ethanol, plant nutrient, and rail sectors in the United States and internationally. The companys Grain segment operates grain elevators; stores grains; and provides grain marketing, risk management, and corn origination services to its customers and affiliated ethanol facilities. Its Ethanol segment purchases and sells ethanol; and offers facility operations, risk management, and corn origination services.
