Andersons (ANDE) Raised Full Year Guidance

Posted by Tate Dwinnell | # |
10:38:21 pm on July 30, 2008

Andersons (ANDE) has raised its full year 2008 guidance to the range of 5.00 – 5.40 up from previous estimates of 4.40 – 4.80 just announced in June.  This is a big bump in such a short time.. very impressive.  The Street consensus is 4.61 EPS.  The increase in primarily attributed to the Plant Nutrient Groups performance.  Expect the stock to pop up above important resistance of the 200 day moving average tomorrow.

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