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Andersons: 4Q Earnings Snapshot

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  • ANDE

MAUMEE, Ohio (AP) _ The Andersons Inc. (ANDE) on Wednesday reported fourth-quarter profit of $23.8 million.

On a per-share basis, the Maumee, Ohio-based company said it had profit of 84 cents. Earnings, adjusted for costs related to mergers and acquisitions, were 92 cents per share.

The agriculture company posted revenue of $812.7 million in the period.

For the year, the company reported profit of $41.5 million, or $1.46 per share. Revenue was reported as $3.05 billion.

Andersons shares have climbed 18 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $35.37, a rise of 13 percent 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