Archer Daniels Midland (ADM) Tops Q1 EPS by 9c

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Go back to Archer Daniels Midland (ADM) Tops Q1 EPS by 9c

ADM Reports First Quarter Earnings of $0.69 per Share, $0.64 per Share on an Adjusted Basis

April 29, 2020 4:05 PM EDT

Net earnings of $391 million

Strong quarter-end balance sheet with cash and cash equivalents of $4.7 billion

Playing critical role supporting global food chain and fulfilling customer needs amid pandemic

CHICAGO--(BUSINESS WIRE)-- ADM (NYSE: ADM) today reported financial results for the quarter ended March 31, 2020.

Im extremely grateful to our 38,000 global colleagues, whose commitment, ingenuity and agility are powering ADM as we support the global food supply chain and provide nutrition around the world, said Chairman and CEO Juan Luciano. Our performance is a testament to the resilience of our people, the... More