MAUMEE, Ohio (AP) — MAUMEE, Ohio (AP) — The Andersons Inc. (ANDE) on Tuesday reported fourth-quarter profit of $45.1 million.
On a per-share basis, the Maumee, Ohio-based company said it had profit of $1.31. Earnings, adjusted for one-time gains and costs, came to $1.36 per share.
The agriculture company posted revenue of $3.12 billion in the period.
For the year, the company reported profit of $114 million, or $3.32 per share. Revenue was reported as $11.26 billion.
Andersons shares have risen almost 1% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $40.77, a fall of 25% in the last 12 months.
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