Andersons (ANDE) to Release Earnings on Monday

Andersons (NASDAQ:ANDE) will be posting its quarterly earnings results after the market closes on Monday, November 4th. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Andersons (NASDAQ:ANDE) last posted its quarterly earnings data on Tuesday, August 6th. The basic materials company reported $1.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.09 by ($0.04). Andersons had a net margin of 0.83% and a return on equity of 6.99%. The company had revenue of $2.80 billion during the quarter, compared to the consensus estimate of $3.20 billion. During the same quarter last year, the business earned $1.52 earnings per share. The company’s revenue was down 30.5% on a year-over-year basis.

Andersons Trading Down 0.4 %

Shares of ANDE stock opened at $45.20 on Friday. The stock has a 50-day simple moving average of $48.55 and a 200 day simple moving average of $50.41. The stock has a market capitalization of $1.54 billion, a P/E ratio of 15.17 and a beta of 0.57. Andersons has a fifty-two week low of $44.65 and a fifty-two week high of $61.46. The company has a quick ratio of 1.44, a current ratio of 2.07 and a debt-to-equity ratio of 0.36.

Andersons Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 22nd. Stockholders of record on Tuesday, October 1st were given a dividend of $0.19 per share. The ex-dividend date was Tuesday, October 1st. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.68%. Andersons’s dividend payout ratio (DPR) is presently 25.50%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded Andersons from a “hold” rating to a “buy” rating in a report on Thursday, October 24th.

About Andersons

The Andersons, Inc operates in trade, renewables, and nutrient and industrial sectors in the United States, Canada, Mexico, Egypt, Switzerland, and internationally. It operates through three segments: Trade, Renewables, and Nutrient & Industrial. The company’s Trade segment operates grain elevators; stores commodities; and provides grain marketing, risk management, and origination services, as well as sells commodities, such as corn, soybeans, wheat, oats, ethanol, and corn oil.