NASDAQ$ANDE

Andersons Inc · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

The Andersons reported mixed results due to trade group challenges but was offset by ethanol group merger and strong performance.

The Andersons, Inc. reported a net income of $6.6 million, or $0.19 per diluted share, and an adjusted net income of $18.4 million, or $0.55 per diluted share, for the fourth quarter ended December 31, 2019. The acquisition of Lansing Trade Group continued to perform well, and the Ethanol Group's operating results reflected the favorable impact of hedging activity.

  • Net income of $6.6 million, or $0.19 per diluted share
  • Adjusted net income of $18.4 million, or $0.55 per diluted share
  • Adjusted EBITDA rose 21 percent year over year to $76.1 million
  • Ethanol Group records pretax income of $41.2 million

Headline financials

Total Revenue

$1.89B

Previous: $813M+132.1%
EPS (adj)

$0.55

Previous: $0.92-40.2%
Adjusted EBITDA

$76.1M

No prior period
Capital Expenditures

$39.9M

Previous: $55.9M-28.7%
Free Cash Flow

-$10.9M

Previous: -$120M+90.9%
Net Income

$6.6M

Previous: $23.8M-72.2%
Operating Income

$28.8M

No prior period
Gross Profit

$138M

Previous: $94M+47.2%
Cash & Equivalents

$54.9M

Previous: $22.6M+143.0%
Total Assets

$3.92B

Previous: $2.39B+63.9%
Stock-Based Comp

$4.59M

Previous: $1.73M+166.0%

Revenue & EPS history

Andersons · Revenue · Quarterly

$1.89B

Q4 2019+132.1%vs Q4 2018
Beat estimate in 6 of 16 quarters(38%)
ActualEstimate

Revenue by segment

Andersons · $868M total across 1 segment · Q3 2023

  • Renewables
    $868M+6.5%

Forward guidance

The impacts of Trade and Ethanol Group transactions, along with the new ELEMENT ethanol plant, set the company up well for improved company performance in 2020.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2019

Historical avgQ4 2019

-1.6%

Avg return

Earnings day

-0.6%

Avg return

5 days after

+0.6%

Avg return

30 days after

44%

30 / 68 earnings

Positive

+17.3%

Q4 2024

Best reaction

-25.7%

Q1 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-14.2%-9.7%-8.2%
Q4 2025-3.6%-3.8%-0.9%
Q3 2025+4.6%+9.9%+7.8%
Q1 2025-10.1%+2.8%-0.8%
Q4 2024+17.3%+10.1%+3.8%
Q3 2024-4.0%+8.3%+3.9%
Q2 2024-0.3%-0.6%+3.7%
Q1 2024-9.0%-5.5%-10.6%
Q4 2023+3.7%-2.7%+4.0%
Q3 2023-13.5%-7.8%-2.5%
Q2 2023+2.2%+8.6%+5.2%
Q1 2023-10.9%-16.2%-12.0%
Q4 2022+13.7%+17.9%+3.5%
Q3 2022+3.6%+6.0%+5.1%
Q2 2022+14.1%+5.4%+3.3%
Q1 2022-25.7%-24.7%-25.0%
Q4 2021+2.8%+0.9%+16.2%
Q3 2021+0.8%+7.3%-2.1%
Q2 2021+1.1%+5.3%+14.7%
Q1 2021-1.9%+2.5%+9.2%
Q4 2020+2.2%-4.6%+6.4%
Q3 2020-16.7%-18.8%+3.3%
Q2 2020+11.7%+17.2%+23.2%
Q1 2020-15.7%-6.9%-9.3%
Q4 2019-11.8%-14.4%-29.6%
Q3 2019+10.6%+9.2%+24.3%
Q2 2019+3.1%+3.6%-9.3%
Q1 2019-10.6%-9.5%-16.0%
Q4 2018+8.1%+4.6%-0.5%
Q3 2018-11.1%-10.0%-13.2%
Q2 2018+14.6%+13.9%+14.6%
Q1 2018-5.3%-5.4%+0.9%
Q4 2017+15.0%+15.0%+13.3%
Q3 2017-6.7%-16.9%-14.1%
Q2 2017-0.7%-4.8%-7.0%
Q1 2017-9.0%-10.4%-1.6%
Q4 2016+5.8%+6.1%+4.0%
Q3 2016-4.1%-8.0%+8.1%
Q2 2016+1.1%+4.4%+6.7%
Q1 2016-11.3%
Q4 2015-14.3%
Q3 2015-8.5%
Q2 2015+7.5%
Q1 2015-2.8%
Q4 2014-10.3%
Q3 2014-18.3%
Q2 2014+6.9%
Q1 2014-15.1%
Q4 2013-7.9%
Q3 2013-0.3%
Q2 2013+3.7%
Q1 2013-3.5%
Q4 2012-0.8%
Q3 2012+4.6%
Q2 2012+0.6%
Q1 2012-2.8%
Q4 2011-5.5%
Q3 2011+7.6%
Q2 2011+4.3%
Q1 2011+1.5%
Q4 2010-1.4%
Q1 2010-1.4%
Q4 2008-1.4%
Q3 2010-1.8%
Q3 2009-1.8%
Q2 2009+2.9%
Q2 2010+2.9%
Q4 2009+2.9%

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