MAUMEE, Ohio (AP) _ The Andersons Inc. (ANDE) on Tuesday reported first-quarter net income of $15.1 million, after reporting a loss in the same period a year earlier.
The Maumee, Ohio-based company said it had profit of 45 cents per share. Earnings, adjusted for non-recurring costs, were 46 cents per share.
The agriculture company posted revenue of $2.64 billion in the period.
Andersons shares have risen 23% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $30.20, a rise of 92% in the last 12 months.
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