The Andersons, Inc. Clarifies Post-split EPS
Full Year and Fourth Quarter Earnings Meet or Exceed Most Analysts'
MAUMEE, Ohio, Feb. 12, 2014
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:
oFull Year earnings would have been reported as $4.77 before the split. The
$3.18 earnings per diluted share announced on Tuesday was reported
oFourth Quarter 2013 earnings would have been reported as $1.62 before the
split. The $1.08 earnings per diluted share announced on Tuesday was
SOURCE The Andersons, Inc.
Contact: Investor Relations Contact: Nick Conrad, Phone: 419-891-6415, E-mail:
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