Andersons: 1Q Earnings Snapshot
Andersons: 1Q Earnings Snapshot
MAUMEE, Ohio (AP) _ The Andersons Inc. (ANDE) on Monday reported a loss of $14 million in its first quarter.
The Maumee, Ohio-based company said it had a loss of 43 cents per share. Losses, adjusted for costs related to mergers and acquisitions and non-recurring costs, were 16 cents per share.
The agriculture company posted revenue of $2.08 billion in the period.
Andersons shares have risen almost 10% since the beginning of the year. In the final minutes of trading on Monday, shares hit $32.86, a decline of nearly 1% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ANDE at https://www.zacks.com/ap/ANDE