MAUMEE, Ohio (AP) — MAUMEE, Ohio (AP) — The Andersons Inc. (ANDE) on Tuesday reported fourth-quarter profit of $45.1 million.
On a per-share basis, the Maumee, Ohio-based company said it had profit of $1.31. Earnings, adjusted for one-time gains and costs, came to $1.36 per share.
The agriculture company posted revenue of $3.12 billion in the period.
For the year, the company reported profit of $114 million, or $3.32 per share. Revenue was reported as $11.26 billion.
Andersons shares have risen almost 1% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $40.77, a fall of 25% in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ANDE at https://www.zacks.com/ap/ANDE
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.