Archer Daniels Midland (ADM) Misses Q3 EPS by 11c

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Go back to Archer Daniels Midland (ADM) Misses Q3 EPS by 11c

ADM Reports Third Quarter Earnings of $0.34 per Share, $0.45 per Share on an Adjusted Basis

October 31, 2017 7:00 AM EDT

Net earnings of $192 million Adjusted segment operating profit down 17 percent on difficult operating environment

CHICAGO--(BUSINESS WIRE)-- Archer Daniels Midland Company (NYSE: ADM) today reported financial results for the quarter ended September 30, 2017.

Our third quarter results were below our expectations, as the operating environment in our Ag Services and Oilseeds businesses was more challenging than anticipated, said ADM Chairman and CEO Juan Luciano. Through the quarter, we took several actions to be even more competitive in the future, including: restructuring our global workforce; reconfiguring the... More