Archer Daniels Midland (ADM) Misses Q1 EPS by 14c

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Go back to Archer Daniels Midland (ADM) Misses Q1 EPS by 14c

ADM Reports First Quarter Earnings of $0.41 per Share, $0.46 per Share on an Adjusted Basis

April 26, 2019 7:00 AM EDT

Net earnings of $233 million Extreme weather conditions negatively impact segment OP by approximately $60 million Expectation for stronger second half, driven by improved business environment and contributions from accelerating business initiatives

CHICAGO--(BUSINESS WIRE)-- Archer Daniels Midland Company (NYSE: ADM) today reported financial results for the quarter ended March31, 2019.

The first quarter proved more challenging than initially expected, said Chairman and CEO Juan Luciano. Impacts from severe weather in North America were on the high side of our initial... More