(Bloomberg) -- Andersons Inc. jumped in extended
U.S. trading after the grain-storage and ethanol company boosted
its 2007 profit forecast.
Shares of the Maumee, Ohio-based company climbed $3.56, or
8.8 percent, to $43.96 at 6 p.m. in New York. Andersons said
earnings this year may be as much as $3.05 a share, up from a
May prediction of as much as $2.60. Analysts expected $2.68,
based on the average of six estimates compiled by Bloomberg.
Read more at Bloomberg Stocks News
U.S. trading after the grain-storage and ethanol company boosted
its 2007 profit forecast.
Shares of the Maumee, Ohio-based company climbed $3.56, or
8.8 percent, to $43.96 at 6 p.m. in New York. Andersons said
earnings this year may be as much as $3.05 a share, up from a
May prediction of as much as $2.60. Analysts expected $2.68,
based on the average of six estimates compiled by Bloomberg.
Read more at Bloomberg Stocks News
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