#USA #Inc. #The Andersons #Maumee, Ohio #Agribusiness #Renewables

The Andersons, Inc. Reports Impressive Third Quarter Results

The Andersons, Inc. (Nasdaq: ANDE) recently announced a remarkable financial performance for the third quarter ending September 30, 2026. The report highlighted a record net income of $46 million, translating to $1.36 per diluted share, marking a significant year-over-year improvement for the company.

Financial Highlights

The financial performance reflects robust operational execution, particularly in the Renewables sector, where the company reported a pre-tax income of $63 million. This was achieved through efficient operations and enhanced co-product values. The Agribusiness sector also showed resilience, achieving a pretax income of $5 million. Notably, total cash flow from operations before working capital changes amounted to $83 million during the quarter compared to $68 million in the same period last year.

Insights from Leadership

Bill Krueger, President and CEO of The Andersons, expressed satisfaction with the quarterly results, stating, "Our third-quarter results reflect significant year-over-year improvement in both Renewables and Agribusiness." He attributed the success to operational excellence, particularly in production assets and improved ethanol and corn-oil yields. Significant contributions came from recognizing $27 million in tax credits due to the company's low-carbon strategies.

Krueger added, "Agribusiness improved over last year, with our merchandising businesses capturing market opportunities amid increased commodity prices and a volatile environment driven by variable weather conditions. We anticipate continued opportunities as market dislocations occur and we prepare for a solid harvest in the eastern grain belt."

Business Performance Breakdown

The quarterly results include the following segment performance:

• - Agribusiness: Reported an adjusted pretax income of $9 million compared to $2 million in Q3 2025, demonstrating a notable upturn propelled by higher market prices and dynamic trading conditions.
• - Renewables: This segment's achievements were significant, with effective plant operations bringing about a pre-tax income increase to $63 million from $43 million year-over-year, showcasing The Andersons' commitment to sustainability and renewable energy.

Furthermore, the company noted that the completion of various organic growth projects discussed in previous quarters is driving outstanding results. The Port of Houston soybean meal export project is now operational, with shipments actively booked into 2027, highlighting The Andersons' adaptive approach to market changes.

Future Outlook

Krueger signaled positivity for the upcoming quarters, particularly in renewable energy sectors, stating, "We remain optimistic about the opportunities across various sectors, especially renewable fuels, driven by global demand for low-carbon energy."

Concluding Remarks

The Andersons, Inc. has shown substantial momentum in the third quarter of 2026, reflecting its strategic focus on growth and sustainability. As the company positions itself to capitalize on evolving market conditions, investors are likely to keep a keen eye on the upcoming developments and opportunities emerging from their operational strategies. The leadership invites stakeholders to further engage by joining a forthcoming conference call on November 4 to discuss insights and projections for the remainder of 2026. The call will set the stage for understanding the company's roadmap toward enhancing value for its shareholders in the future.

In summary, The Andersons, Inc. stands out in the agribusiness sector, poised for growth and resilience amid changing economic conditions, echoing its commitment to operational excellence, innovation, and sustainable practices in its core businesses.