Earnings Outlook For Andersons
Portfolio Pulse from Benzinga Insights
Andersons (NASDAQ:ANDE) is set to release its latest quarterly earnings report on Tuesday, 2023-08-01. Analysts estimate an earnings per share (EPS) of $1.06. The company's past performance shows a pattern of beating EPS estimates, but this has sometimes been followed by a drop in share price. Over the last 52-week period, shares are up 33.18%.
July 31, 2023 | 7:14 pm
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Andersons is expected to report an EPS of $1.06 in its upcoming earnings report. The company's stock has a history of price drops following earnings beats.
While Andersons has a history of beating EPS estimates, this has sometimes been followed by a drop in share price. This suggests that investors may be focusing more on the company's guidance than its earnings beats. Given the company's positive stock performance over the past year, investors are likely to be watching this earnings report closely.
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