The Andersons raises year s profit forecast

10/18/2007

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.