The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Globe Investor

News Sources

Take control of your investments with the latest investing news and analysis

Press release from PR Newswire

The Andersons, Inc. Clarifies Post-split EPS

Wednesday, February 12, 2014

The Andersons, Inc. Clarifies Post-split EPS

12:40 EST Wednesday, February 12, 2014

Full Year and Fourth Quarter Earnings Meet or Exceed Most Analysts' Expectations

MAUMEE, Ohio, Feb. 12, 2014 /PRNewswire/ -- The Andersons, Inc. (Nasdaq: ANDE) today clarified media reports regarding its Fourth Quarter 2013 and Full-Year results announced Tuesday.

(Logo: http://photos.prnewswire.com/prnh/20081104/CLTU081LOGO )

In Tuesday's earnings release the reported earnings per diluted share reflected the three-for-two stock split effective this month, to align the reported earnings with the to-be-released 10K. Pre- and post-split earnings are clarified below:

  • Full Year earnings would have been reported as $4.77 before the split. The $3.18 earnings per diluted share announced on Tuesday was reported post-split.
  • Fourth Quarter 2013 earnings would have been reported as $1.62 before the split. The $1.08 earnings per diluted share announced on Tuesday was reported post-split.

SOURCE The Andersons, Inc.

For further information: Investor Relations Contact: Nick Conrad, Phone: 419-891-6415, E-mail: nick_conrad@andersonsinc.com

Products
  • Globe Unlimited

    Digital all access pass across devices. subscribe

  • The Globe and Mail Newspaper

    Newspaper delivered to your doorstep. subscribe

  • Globe2Go

    The digital replica of our newspaper. subscribe

  • Globe eBooks

    A collection of articles by the Globe. subscribe

See all Globe Products

Advertise with us

GlobeLink.ca

Your number one partner for reaching Canada's Influential Achievers. learn more

The Globe at your Workplace
Our Company
Secure Service
Customer Service
Advertising Privacy
Globe Recognition
Mobile Apps
NEWS APP
Other Sections