Andersons Beats Up on Analysts Yet Again
Andersons (NAS: ANDE) reported earnings on Feb. 8. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Andersons beat slightly on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue grew and GAAP earnings per share contracted significantly.
Margins contracted across the board.
Andersons recorded revenue of $1.30 billion. The four analysts polled by S&P Capital IQ wanted to see a top line of $1.28 billion. GAAP sales were 12% higher than the prior-year quarter's $1.15 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $1.17. The four earnings estimates compiled by S&P Capital IQ forecast $1.02 per share. GAAP EPS of $1.17 for Q4 were 16% lower than the prior-year quarter's $1.39 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 6.7%, 40 basis points worse than the prior-year quarter. Operating margin was 1.8%, 110 basis points worse than the prior-year quarter. Net margin was 1.7%, 50 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $1.12 billion. On the bottom line, the average EPS estimate is $0.87.
Next year's average estimate for revenue is $4.72 billion. The average EPS estimate is $4.47.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 220 members out of 267 rating the stock outperform, and 47 members rating it underperform. Among 83 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 65 give Andersons a green thumbs-up, and 18 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Andersons is outperform, with an average price target of $51.06.
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At the time this article was published Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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