Andersons Reports Q4 Earnings, Revenue Growth
The Andersons Inc. (ANDE) reported its fourth-quarter results on Tuesday, showing a rise in both profit and revenue.
Financial Highlights:
* Net income: $45.1 million, up 0.54% year-over-year
* Earnings per share: $1.31
* Adjusted earnings per share: $1.36
* Revenue: $3.12 billion
Full-Year Results:
* Net income: $114 million
* Earnings per share: $3.32
* Revenue: $11.26 billion
Stock Performance:
Andersons shares have experienced a modest increase of almost 1% year-to-date. However, the stock has declined by 25% over the past 12 months, closing at $40.77 on Tuesday.