Andersons Q2 adjusted EPS misses estimates
Overview
Andersons Q2 adjusted EPS of $0.24 missed analyst expectations, per LSEG data
Adjusted net income and adjusted EBITDA both missed analyst estimates, per LSEG data
Co acquired full ownership of The Andersons Marathon Holdings LLC for $425 mln
Outlook
Company expects Houston port project completion by mid-2026
Andersons anticipates favorable grain values in late 2025
Andersons expects strong ethanol demand through summer
Result Drivers
ETHANOL STRATEGY - Acquisition of full ownership in TAMH aligns with strategy to grow earnings through ethanol investments, per CEO Bill Krueger
GRAIN OVERSUPPLY - Agribusiness faced low grain prices and limited forward contracting due to surplus grain and weak demand
RENEWABLES CHALLENGES - Lower board crush, higher corn basis, and increased natural gas costs impacted Renewables margins
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Sales and Merchandising Revenues | $3.14 bln | ||
Q2 Adjusted EPS | Miss | $0.24 | $0.51 (3 Analysts) |
Q2 EPS | $0.23 | ||
Q2 Adjusted Net Income | Miss | $8.40 mln | $17.60 mln (3 Analysts) |
Q2 Net Income | $7.90 mln | ||
Q2 Adjusted EBITDA | Miss | $65.20 mln | $80.10 mln (3 Analysts) |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the fishing & farming peer group is "buy"
Wall Street's median 12-month price target for Andersons Inc is $45.00, about 22.9% above its August 1 closing price of $34.69
The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 12 three months ago
Press Release:
