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Archer Daniels Midland (ADM) Misses Q2 EPS by 21c; reaffirms guidance

July 30, 2024 7:01 AM

Archer Daniels Midland (NYSE: ADM) reported Q2 EPS of $1.03, $0.21 worse than the analyst estimate of $1.24. Revenue for the quarter came in at $22.25 billion versus the consensus estimate of $23.15 billion.

GUIDANCE:

Archer Daniels Midland sees FY2024 EPS of $5.25-$6.25, versus the consensus of $5.49.

For earnings history and earnings-related data on Archer Daniels Midland (ADM) click here.

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