The Andersons, Inc. Clarifies Post-split EPS
13 February 2014 - 4:40AM
PR Newswire (US)
MAUMEE, Ohio, Feb. 12, 2014 /PRNewswire/ -- The
Andersons, Inc. (Nasdaq: ANDE) today clarified media reports
regarding its Fourth Quarter 2013 and Full-Year results announced
Tuesday.
(Logo: http://photos.prnewswire.com/prnh/20081104/CLTU081LOGO
)
In Tuesday's earnings release the reported earnings per diluted
share reflected the three-for-two stock split effective this month,
to align the reported earnings with the to-be-released 10K.
Pre- and post-split earnings are clarified below:
- Full Year earnings would have been reported as $4.77 before the split. The $3.18 earnings per diluted share announced on
Tuesday was reported post-split.
- Fourth Quarter 2013 earnings would have been reported as
$1.62 before the split. The
$1.08 earnings per diluted share
announced on Tuesday was reported post-split.
SOURCE The Andersons, Inc.
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