Friday, April 29, 2016
Current Weather
Loading Current Weather....
Published: Thursday, 7/31/2008

The Andersons boosts year s profit forecast

The Andersons Inc. raised its earnings forecast for 2008 yesterday, saying it expects to make $5 to $5.40 a share.

That compares to previous expectations of $4.40 to $4.80 a share. The increase is mostly attributable to improved performance of the Maumee agribusiness firm s fertilizer unit, officials said.

The company is to release its second-quarter earnings Aug. 7. Also that day, executives will discuss the results and profit trends in a conference call with analysts and investors.

Recommended for You

Guidelines: Please keep your comments smart and civil. Don't attack other readers personally, and keep your language decent. If a comment violates these standards or our privacy statement or visitor's agreement, click the "X" in the upper right corner of the comment box to report abuse. To post comments, you must be a Facebook member. To find out more, please visit the FAQ.