Archer Daniels Midland Co.

NYSE:ADM   3:59:59 PM EDT
67.15
+0.65 (+0.98%)
Other Pre-Announcement

ADM Reports First Quarter Earnings Of $1.22 Per Share, $1.39 Per Share On An Adjusted Basis

Published: 04/27/2021 12:35 GMT
Archer Daniels Midland Co. (ADM) - Adm Reports First Quarter Earnings of $1.22 per Share, $1.39 per Share on an Adjusted Basis.
Q1 Adjusted Earnings per Share $1.39.
Q1 Earnings per Share $1.22.
Calendar Year Outlook for 2021 Substantially Improved; Expect Significant EPS Growth and Another Record Year.
Qtrly Revenues $18.89 Billion Versus $14.97 Billion Reported Last Year.
Q1 Earnings per Share View $1.04, Revenue View $16.38 Billion -- Refinitiv Ibes Data (analyst estimates).
Qtrly Ag Services and Oilseeds Adjusted Operating Profit of $777 Million Versus $422 Million.
Seeing Clear, Favorable Demand Trends for Many of Co's Products.
Expect Demand Pattern to Continue As Vaccine Rollouts Accelerate and Restrictions Ease.
Expect Significant Year-over-year Growth in Earnings Across All Three Businesses in 2021.
Archer-daniels-midland - Expect Significant Y-o-y Growth in Earnings Across All 3 Businesses in 2021,continued Sustainable Growth in Years to Come.