Andersen Group (NYSE:ANDG) Releases Earnings Results, Misses Estimates By $0.08 EPS

Andersen Group (NYSE:ANDG) announced its earnings results on Tuesday. The company reported $0.03 EPS for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.08), FiscalAI reports. The company had revenue of $240.75 million during the quarter. The company’s revenue was up 15.7% on a year-over-year basis.

Here are the key takeaways from Andersen Group’s conference call:

• Q1 revenue rose 15.7% year over year to $240.7 million, beating the company’s prior guidance, with growth across all major service lines and regions.
• Adjusted EBITDA increased 26.4% to $72.3 million and margin expanded to 30%, reflecting strong operating leverage and organic performance.
• Revenue per professional increased 12.7%-13%, which management highlighted as its key operating metric, helped by improved productivity, pricing, and early benefits from technology investments.
• The company raised its full-year 2026 revenue guidance to $980 million-$1.0 billion and increased inorganic revenue expectations to $55 million, though management said most acquisition contribution will come in the second half of the year.
• GAAP net income fell sharply versus last year because of $41.2 million of non-cash IPO-related equity compensation, higher interest expense, and transaction costs, and management expects a net loss in Q2 due to seasonality and these charges.

Andersen Group Price Performance

Shares of ANDG opened at $36.18 on Wednesday. The firm has a 50-day moving average of $29.56. Andersen Group has a 1 year low of $18.12 and a 1 year high of $37.75.

Analyst Ratings Changes

ANDG has been the subject of several research reports. Robert W. Baird lifted their target price on Andersen Group from $42.00 to $44.00 and gave the company an “outperform” rating in a research report on Wednesday. Morgan Stanley lifted their target price on Andersen Group from $22.00 to $24.00 and gave the company an “equal weight” rating in a research report on Wednesday, March 18th. Zacks Research raised Andersen Group to a “hold” rating in a research report on Tuesday, January 13th. UBS Group lifted their target price on Andersen Group from $32.00 to $34.00 and gave the company a “buy” rating in a research report on Monday, April 13th. Finally, Weiss Ratings began coverage on Andersen Group in a research report on Monday, April 6th. They issued a “sell (e)” rating for the company. Two analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $34.00.

Hedge Funds Weigh In On Andersen Group

Several hedge funds and other institutional investors have recently made changes to their positions in ANDG. Wells Fargo & Company MN purchased a new stake in Andersen Group during the fourth quarter worth approximately $46,000. PNC Financial Services Group Inc. acquired a new position in Andersen Group during the fourth quarter worth approximately $215,000. Barclays PLC acquired a new position in shares of Andersen Group in the fourth quarter valued at approximately $218,000. Voloridge Investment Management LLC acquired a new position in shares of Andersen Group in the fourth quarter valued at approximately $259,000. Finally, XTX Topco Ltd acquired a new position in shares of Andersen Group in the fourth quarter valued at approximately $269,000.

About Andersen Group

Our mission is to deliver exceptional client service grounded in integrity, transparency, and excellence. Since our founding in 2002, we have experienced rapid and sustained growth, powered by our people, our values and our relentless commitment to innovative, client-focused solutions. Building on the rich traditions and culture of the former Arthur Andersen, we are driven by a bold vision to lead in a complex global marketplace, creating lasting value for our clients, our people and our investors.