The Andersons Inc. of Maumee raised its full-year profit forecast yesterday to a range of $3.15 to $3.35 a share from its previous guidance of $2.90 to $3.15 a share.
The agribusiness cited the performance of its fertilizer unit and a projected large grain harvest this fall. Analysts polled by Thomson Financial expect earnings of $3.14.
The company s third-quarter financial results are to be released Oct. 31.
Guidelines: Please keep your comments smart and civil. Don't attack other readers personally, and keep your language decent. Comments that violate these standards, or our privacy statement or visitor's agreement, are subject to being removed and commenters are subject to being banned. To post comments, you must be a registered user on toledoblade.com. To find out more, please visit the FAQ.