Archer Daniels Midland (ADM) Misses Q2 EPS by 4c

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Go back to Archer Daniels Midland (ADM) Misses Q2 EPS by 4c

ADM Reports Second Quarter Earnings of $0.48 per Share, $0.41 per Share on an Adjusted Basis

August 2, 2016 7:00 AM EDT

Net earnings of $284 million Market conditions began to turn in the quarter, presenting improved opportunities for second half

CHICAGO--(BUSINESS WIRE)-- Archer Daniels Midland Company (NYSE: ADM) today reported financial results for the quarter ended June 30, 2016.

After a challenging start to the year, general market conditions began to turn at the end of the second quarter, providing us with improved opportunities for the second half of the year, said ADM Chairman and CEO Juan Luciano. Weak grain handling margins and merchandising results... More