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Andersons: 2Q Earnings Snapshot

MAUMEE, Ohio (AP) _ The Andersons Inc. (ANDE) on Tuesday reported second-quarter net income of $29.9 million.

The Maumee, Ohio-based company said it had net income of 91 cents per share. Earnings, adjusted for one-time gains and costs, were 98 cents per share.

The agriculture company posted revenue of $2.33 billion in the period.

Andersons shares have dropped 18% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $24.65, a decrease of 30% in the last 12 months.


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