Close

The Andersons (ANDE) Misses Q4 EPS by 43c

February 10, 2016 4:39 PM EST

The Andersons (NASDAQ: ANDE) reported Q4 EPS of $0.18, $0.43 worse than the analyst estimate of $0.61. Revenue for the quarter came in at $1.2 billion versus the consensus estimate of $1.21 billion.

"We are understandably disappointed in 2015's overall results. Market conditions this year in the Eastern Corn Belt coupled with underperformance in our Grain Group significantly impacted the performance of our agriculture businesses," said CEO Pat Bowe. "We were pleased to see the record performance in our Rail Group and felt good that our Ethanol Group executed well in a very challenging energy environment. We remain confident in our ability to navigate tough market conditions and deliver shareholder value and growth."

For earnings history and earnings-related data on The Andersons (ANDE) click here.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Earnings, Management Comments

Related Entities

Earnings