Andersons Q3 2023 Adj. EPS $0.13 Misses $0.53 Estimate, Revenue $3.635B Misses $3.898B Estimate
Portfolio Pulse from Benzinga Newsdesk
Andersons Inc. reported Q3 2023 adjusted EPS of $0.13, missing the estimate of $0.53. The company's revenue of $3.635B also fell short of the $3.898B estimate.
November 07, 2023 | 10:00 pm
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NEGATIVE IMPACT
Andersons Inc.'s Q3 2023 earnings and revenue missed estimates, which could negatively impact the company's stock price in the short term.
Earnings reports are a significant factor in a company's stock price. Andersons Inc.'s lower than expected earnings and revenue for Q3 2023 could lead to a decrease in the company's stock price as it indicates weaker financial performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100