The Andersons reported third-quarter 2026 adjusted earnings of $1.38 a share, beating the $1.07 consensus, while revenue of $2.83 billion fell short of forecasts. Adjusted EPS rose 64.3% year on year and adjusted EBITDA climbed to $101 million, its best third quarter on record.
Stronger ethanol plant operations, co-product values and lower corn basis drove the results, signalling healthy ethanol and co-product margins for the feed industry. Lower corn basis points to ample local grain supply.
After 1,102 past bearish report events, Corn moved a median -0.2% over 5 sessions (47% higher; middle half -1.8% to +1.3%), and +0.0% over 20.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.