Archer Daniels Midland (ADM) Misses Q1 EPS by 3c

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ADM Reports First Quarter Adjusted Earnings of $0.42 per Share

May 3, 2016 7:00 AM EDT

Net earnings of $230 million, or $0.39 per share Challenging market conditions continued into the quarter Continued to actively manage portfolio Market dynamics could present opportunities in second half of the year

CHICAGO--(BUSINESS WIRE)-- Archer Daniels Midland Company (NYSE: ADM) today reported financial results for the quarter ended Mar. 31, 2016.

The company reported adjusted earnings per share1 of $0.42, down from $0.78 in the same period last year. Included in these results was a $0.08 per share... More