Andersons Q2 2024 EPS falls to $1.05 from $1.61; net income $36 million
The Andersons reported second quarter 2024 results on August 6, 2024, with net income attributable to the company of $36 million, or $1.05 per diluted share, down from $55 million, or $1.61, a year earlier. Adjusted EPS was $1.15 versus $1.52, and sales and merchandising revenues fell to $2.8 billion from $4.0 billion. Shareholders face lower quarterly profit across the Renewables and Nutrient & Industrial segments, and management said it expects to update on the Skyland Grain opportunity later in the third quarter.
Key points
- Net income attributable to The Andersons was $36 million ($1.05 diluted EPS) versus $55 million ($1.61) in Q2 2023.
- Adjusted EPS was $1.15 versus $1.52 a year earlier; adjusted EBITDA was $98 million versus $144 million.
- Sales and merchandising revenues were $2.8 billion versus $4.0 billion in Q2 2023.
- Management expects to provide an update on the Skyland Grain opportunity later in the third quarter.
The filing
Written by AI on Nov 8, 2026, 1:55 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 06, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.