Archer Daniels Midland (ADM) Tops Q4 EPS by 11c

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ADM Reports Fourth Quarter Earnings of $1.22 per Share, $1.21 per Share on an Adjusted Basis, Affirms Earnings Growth Expectation for 2021

January 26, 2021 7:00 AM EST

Q4 net earnings of $687 million; adjusted net earnings of $684 million Q4 adjusted EPS up 49 percent excluding prior-year impact of retroactive biodiesel tax credit Full-year reported EPS of $3.15; record adjusted EPS of $3.59 Expect growth in operating profit and EPS in 2021

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

I want to thank our team, which performed exceptionally well during truly unprecedented times to deliver four straight quarters of year-over-year adjusted segment operating profit growth... More