Archer Daniels Midland (ADM) Misses Q4 EPS by 5c
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ADM Reports Fourth Quarter Adjusted Earnings of $0.61 per Share
February 2, 2016 7:00 AM ESTNet earnings of $718 million, or $1.19 per share
Company announces 7 percent increase in quarterly dividend
CHICAGO--(BUSINESS WIRE)-- Archer Daniels Midland Company (NYSE: ADM) today reported financial results for the quarter ended Dec. 31, 2015.
The company reported adjusted earnings per share1 of $0.61, down from $1.00 in the same period last year. Adjusted segment operating profit1 was $599 million, down 47 percent from $1,128 million in the year-ago period. Net earnings for the quarter were $718 million, or $1.19 per share, and segment operating profit1 was $900 million. Global dynamics reduced margins across the U.S. agricultural... More
