The Andersons just reported their 4th quarter and full year results. Although the company reported net income of $32.9 million, or $1.79 per share, the full year results represent a 54% decrease in net income from 2007, then the company earned $68.8 million, or $3.75 per share.
Looking at just the 4th quarter, the company reported a loss of $33.4 million, or $1.85/share. In the 4th quarter of last year, the company reported net income … Read the rest
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. … Read the rest
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