Earnings Preview For Andersons
Andersons (NASDAQ: ANDE) unveils its next round of earnings Wednesday. Here is Benzinga's everything-that-matters guide for today's Q4 earnings announcement
Earnings and Revenue
Andersons earnings will be near 42 cents per share on sales of $1.22 billion, according to analysts.
In the same quarter last year, Andersons announced EPS of 57 cents per share on revenue of $1.11 billion. If the company were to report inline earnings when it publishes results Wednesday, earnings would be down 26.32 percent. Sales would be up 9.61 percent on a year-over-year basis.
Here's how the Andersons's reported EPS has stacked up against analyst estimates in the past:
Quarter | Q3 2017 | Q2 2017 | Q1 2017 | Q4 2016 |
EPS Estimate | 0.16 | 0.69 | 0.14 | 0.61 |
EPS Actual | 0.09 | 0.54 | 0 | 0.57 |
Q4 EPS Estimate: 42 cents per share
Q4 Revenues Estimate: $1.1 billion
Stock Performance
Over the last 52-week period, shares are down 17.52 percent. Given that these returns are generally negative, long-term shareholders are probably down going into this earnings release.
Over the past 90 days, analysts' have adjusted their estimates lower for EPS and revenues. The popular rating by analysts on Andersons stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.
Conference Call
Andersons' Q4 is scheduled to hold a conference call Thursday at 11:00 a.m. ET and it can be accessed here.