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

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

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

November 1, 2016 7:01 AM EDT

Net earnings of $341 million Improving second half operating environment sets stage for a stronger 2017

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

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 Luciano. Ag Services results were driven by U.S. exports... More