The Andersons (ANDE) Misses Q2 EPS by 15c

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The Andersons, Inc. Reports Second Quarter Results

August 3, 2017 5:00 PM EDT

MAUMEE, Ohio, Aug. 3, 2017 /PRNewswire/ -- The Andersons, Inc. (NASDAQ: ANDE) announces financial results for the second quarter which ended June 30, 2017.

The Company reports a net loss of $26.7 million, or ($0.94) per diluted share, and adjusted net income of $15.3 million, or $0.54 per diluted share, up six percent over the prior year. Reported results include $3.5 million in pretax costs associated with exiting the Retail business. Adjusted results exclude a $42 million goodwill impairment charge in the Plant Nutrient Group.

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