The Andersons (ANDE) Gains But Lags Market: What You Should Know

The Andersons (ANDE) Gains But Lags Market: What You Should Know
This story originally appeared on Zacks

In the latest trading session, The Andersons (ANDE) closed at $39.18, marking a +0.51% move from the previous day. This change lagged the S&P 500’s 0.92% gain on the day. Elsewhere, the Dow gained 0.51%, while the tech-heavy Nasdaq added 0.54%.

The Andersons (ANDE) Gains But Lags Market: What You Should Know – Zacks

Prior to today’s trading, shares of the agriculture company had gained 11.63% over the past month. This has outpaced the Basic Materials sector’s gain of 3.29% and the S&P 500’s loss of 0.85% in that time.

The Andersons will be looking to display strength as it nears its next earnings release. The company is expected to report EPS of $0.58, down 1.69% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $2.63 billion, up 3.27% from the year-ago period.

Any recent changes to analyst estimates for…

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