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

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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

July 27, 2021 7:00 AM EDT

Q2 net earnings of $712 million; adjusted net earnings of $754 million Segment operating profit up more than 40% ROIC of 9.7%, significantly higher than the prior-year periods 8.1% 27% year-over-year Q2 operating profit growth in Nutrition, raising segments OP growth expectations for full year to 20%

CHICAGO--(BUSINESS WIRE)-- ADM (NYSE: ADM) today reported financial results for the quarter ended June 30, 2021.

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... More