MAUMEE, Ohio (AP) — MAUMEE, Ohio (AP) — The Andersons Inc. (ANDE) on Tuesday reported first-quarter net income of $33.2 million.
The Maumee, Ohio-based company said it had profit of 97 cents per share. Earnings, adjusted for one-time gains and costs, came to $1.12 per share.
The agriculture company posted revenue of $2.63 billion in the period.
Andersons shares have increased 49% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $79.29, more than doubling in the last 12 months.
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