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Andersons: Q1 Earnings Snapshot

MAUMEE, Ohio (AP) — MAUMEE, Ohio (AP) — The Andersons Inc. (ANDE) on Tuesday reported first-quarter net income of $33.2 million.

The Maumee, Ohio-based company said it had profit of 97 cents per share. Earnings, adjusted for one-time gains and costs, came to $1.12 per share.

The agriculture company posted revenue of $2.63 billion in the period.

Andersons shares have increased 49% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $79.29, more than doubling in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ANDE at https://www.zacks.com/ap/ANDE

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