MAUMEE, Ohio (AP) — MAUMEE, Ohio (AP) — The Andersons Inc. (ANDE) on Tuesday reported first-quarter earnings of $284,000.
The Maumee, Ohio-based company said it had profit of 1 cent per share. Earnings, adjusted for non-recurring costs, came to 12 cents per share.
The agriculture company posted revenue of $2.66 billion in the period.
Andersons shares have declined 14% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $34.94, a drop of 38% in the last 12 months.
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