NASDAQ$ANDE
Andersons Inc · Q4 2022 earnings
Q4 2022 earnings · · Investor relations
Briefing
Reported strong fourth quarter results and record full year earnings.
The Andersons, Inc. reported net income from continuing operations attributable to The Andersons of $15 million, or $0.44 per diluted share, and adjusted net income from continuing operations of $34 million, or $0.98 per diluted share. The Trade segment reported record adjusted pretax income, while Renewables saw solid plant performance.
- Net income from continuing operations attributable to The Andersons was $15 million, or $0.44 per diluted share.
- Adjusted net income from continuing operations was $34 million, or $0.98 per diluted share.
- Trade segment reported pretax income of $27 million and record adjusted pretax income of $52 million.
- Renewables segment reported pretax income of $19 million.
Headline financials
Revenue & EPS history
Andersons · Revenue · Quarterly
$4.68B
Revenue by segment
Andersons · $868M total across 1 segment · Q3 2023
- Renewables$868M+6.5%100.0%
Forward guidance
The company expects strong ag supply chain opportunities in 2023, continued worldwide demand, supply uncertainty due to the war in Ukraine, and potential weather impacts in global grain production regions.
Tailwinds
- Strong ag supply chain opportunities are expected to remain very strong in 2023.
- Continued worldwide demand coupled with supply uncertainty due to the ongoing war in Ukraine.
- Potential weather impacts in global grain production regions, continues to keep commodity prices relatively high.
- Corn oil demand is expected to remain high
- Merchandising of low-carbon-intensive renewable feedstocks should remain strong as additional renewable diesel facilities begin operations driving significant growth.
Headwinds
- Ethanol board crush margins for the 2022 fourth quarter were down over $0.90/gallon from the very strong fourth quarter of 2021.
- Spot ethanol crush margins have declined into 2023.
- Likely at more normalized margins for plant nutrients.
- Buyers are waiting for declining prices to stabilize for granular fertilizer
- Ethanol crush margin outlook is currently challenged
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 2022
-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
| Quarter | Report date | Reaction (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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