Andersons Inc. missed Q3 earnings estimates and was downgraded to 'hold' by StockNews.com.
Andersons Inc. (ANDE) announced a Q3 dividend of $0.19 per share, a 1.51% yield. The company has increased dividends annually for 26 years with an average growth of 2.1% over three years. Despite a market cap of $1.71B and a P/E ratio of 14.19, Q3 earnings of $1.05 per share missed estimates by $0.04. Revenue of $2.8B was below the $3.2B consensus. The company was downgraded by StockNews.com from 'buy' to 'hold'.
August 17, 2024
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