ADM Reports Third Quarter Earnings of $0.58 per Share, $0.59 per Share on an Adjusted Basis

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Go back to ADM Reports Third Quarter Earnings of $0.58 per Share, $0.59 per Share on an Adjusted Basis

Archer Daniels Midland (ADM) Tops Q3 EPS by 13c, Sales Miss

November 1, 2016 7:05 AM EDT

Archer Daniels Midland (NYSE: ADM) reported Q3 EPS of $0.59, $0.13 better than the analyst estimate of $0.46. Revenue for the quarter came in at $15.83 billion versus the consensus estimate of $16.21 billion.

After working through the challenging environment in the first half of the year, we capitalized on improving operating conditions in the third quarter and are positioned well for a solid finish to the year, said ADM Chairman and CEO Juan... More