AI brief of an SEC Form 8-K · The Andersons (ANDE)

Andersons Q3 net income rises to $27 million, or $0.80 per diluted share

Mixed Impact 3 of 5 earnings Written later

The Andersons reported third quarter 2024 net income attributable to the company of $27.4 million, or $0.80 per diluted share, up from $9.7 million, or $0.28, a year earlier. Sales and merchandising revenues fell to $2.62 billion from $3.64 billion, which the company attributed to lower commodity prices. Shareholders get higher profit on lower revenue, with a webcast on November 5, 2024 to discuss the outlook.

Key points

  • Net income attributable to the company was $27.4 million, or $0.80 per diluted share, versus $9.7 million, or $0.28, in Q3 2023.
  • Adjusted diluted EPS was $0.72, compared with $0.13 a year earlier; adjusted EBITDA was $97.4 million, versus $70.3 million.
  • Sales and merchandising revenues were $2.62 billion, down from $3.64 billion in Q3 2023.
  • Webcast to discuss results and outlook is set for Tuesday, November 5, 2024, at 11 a.m. Eastern Time.

The filing

CompanyThe Andersons (ANDE)
Form8-K, current report
Filed with the SECNov 4, 2024, 4:29 PM ET
Accession number0000821026-24-000221

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:54 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 November 04, 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.