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