ADM Reports Record Second Quarter Earnings per Share of $1.26, $1.33 on an Adjusted Basis; Expects Momentum to Continue in Second Half, Leading to Very Strong Full-Year Outlook

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Archer Daniels Midland (ADM) Tops Q2 EPS by 35c

July 27, 2021 7:03 AM EDT

Archer Daniels Midland (NYSE: ADM) reported Q2 EPS of $1.33, $0.35 better than the analyst estimate of $0.98. Revenue for the quarter came in at $22.93 billion versus the consensus estimate of $17.88 billion.

It was yet another excellent quarter for ADM, as our team delivered record earnings, with strong year-over-year profit growth across all three business units, said... More