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Andersons: 4Q Earnings Snapshot

MAUMEE, Ohio (AP) _ The Andersons Inc. (ANDE) on Wednesday reported fourth-quarter profit of $6.6 million.

On a per-share basis, the Maumee, Ohio-based company said it had profit of 19 cents. Earnings, adjusted for one-time gains and costs, were 55 cents per share.

The agriculture company posted revenue of $1.89 billion in the period.

For the year, the company reported profit of $18.3 million, or 55 cents per share. Revenue was reported as $8.17 billion.

Andersons shares have dropped roughly 5% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $24.06, a decrease of 31% 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