The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Andersons beat slightly on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue grew and GAAP earnings per share contracted significantly.
Margins contracted across the board.
Andersons recorded revenue of $1.30 billion. The four analysts polled by S&P Capital IQ wanted to see a top line of $1.28 billion. GAAP sales were 12% higher than the prior-year quarter's $1.15 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $1.17. The four earnings estimates compiled by S&P Capital IQ forecast $1.02 per share. GAAP EPS of $1.17 for Q4 were 16% lower than the prior-year quarter's $1.39 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 6.7%, 40 basis points worse than the prior-year quarter. Operating margin was 1.8%, 110 basis points worse than the prior-year quarter. Net margin was 1.7%, 50 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $1.12 billion. On the bottom line, the average EPS estimate is $0.87.
Next year's average estimate for revenue is $4.72 billion. The average EPS estimate is $4.47.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 220 members out of 267 rating the stock outperform, and 47 members rating it underperform. Among 83 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 65 give Andersons a green thumbs-up, and 18 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Andersons is outperform, with an average price target of $51.06.
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Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.