The Andersons reported strong earnings in Q3, beating analyst estimates for both EPS and revenue. Its earnings were driven by a strong rebound in the corn ethanol industry in particular, although its grain segment also reported higher operating income YoY. The Q3 report comes on the back of strong performance in the first half of 2013, and the company's share price has increased by 86% YTD in response. Analyst estimates for 2014 project still more EPS growth, however, and do not account for the headwinds likely to be encountered by the company's three primary operating segments in 2014. The company's shares are overvalued at present and future downside is likely as analyst estimates are revised in the coming...
|FREE||SA PRO MEMBERS|
|IDEA GENERATOR||X||Exclusive access to 10 PRO ideas every day|
|INVESTING IDEAS LIBRARY||X||Exclusive access to PRO library of more than 15,000 ideas|
|SECTOR EXPERT NETWORK||X||Exclusive access to all sector experts for direct consultation|
|PERFORMANCE TRACKING||X||Track performance of all PRO stock ideas|
|PROFESSIONAL TOOLS||X||Professional Idea Filters to zero-in based on industry, market cap and more|