)
Edge31 Oct 2025
Rolls-Royce: Full Thrust Ahead
From century-old crafted perfection to pandemic shock and reset, Rolls-Royce's story is shaped by heritage, turbulence, and a disciplined climb back.
The Andersons (ANDE) investor relations material
The Andersons Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary5 Nov, 2025
Executive summary
Completed acquisition of remaining ethanol plant interests for $425 million, resulting in full ownership and supporting strategic growth in renewables, with integration of Skyland Grain LLC expanding grain storage capacity.
Recognized $20.2 million in Section 45Z clean fuel production tax credits in 2025, boosting renewables segment results.
Investing in plant efficiency, lower carbon intensity, and renewable feedstocks merchandising, with ongoing facility expansions in agribusiness and premium ingredient business.
Achieved higher-than-expected wheat harvest volumes and began a record corn harvest, though delayed; strategic construction projects are advancing.
Realigned organizational structure in 2025, combining Trade and Nutrient & Industrial into Agribusiness and moving business lines between segments.
Financial highlights
Q3 2025 sales and merchandising revenues were $2.68 billion, up from $2.62 billion in Q3 2024; nine-month revenues reached $8.47 billion, up from $8.13 billion.
Q3 2025 net income attributable: $20.1 million ($0.59/diluted share); adjusted net income: $29 million ($0.84/diluted share); adjusted EBITDA: $78.3 million, down from $97.4 million in Q3 2024.
Gross profit for Q3 2025 was $170.9 million, compared to $177.1 million in Q3 2024.
Cash flow from operations before working capital: $68 million, down from $86 million in Q3 2024.
Operating cash flow for the first nine months was $183.2 million, up from $62.7 million in the prior year.
Outlook and guidance
Q4 renewables demand expected to remain strong; 2025 exports anticipated to reach record volumes.
Q4 production expected to generate $10–$15 million in EBITDA from 45Z tax credits; 45Z tax credit generation rate expected to increase under 2026–2029 guidelines.
Management expects to meet 2026 EPS target of $4.30 through improved agribusiness, ethanol ownership, and tax credits.
Full-year adjusted effective tax rate expected at 15%–18% due to non-taxable 45Z credits.
Management expects improved elevation margins and merchandising opportunities in Q4 due to a large harvest and low market prices.
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next The Andersons earnings date
Investor Day 20259 Dec, 2025
Next The Andersons earnings date
Investor Day 20259 Dec, 2025
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
The Andersons Inc operates in agriculture, plant nutrient, and commodities trading. The company is involved in grain merchandising, ethanol production, and the supply of crop nutrients and agricultural inputs. It also engages in logistics and railcar leasing. The company is headquartered in Maumee, Ohio, and its shares are listed on the NASDAQ.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage