Archer Daniels Midland (ADM) Misses Q4 EPS by 7c
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ADM Reports Fourth Quarter Earnings and Full-Year 2023 Results; Provides 2024 Guidance
March 12, 2024 7:00 AM EDTFull-Year Reported EPS of $6.43, Adjusted EPS1 of $6.98
Announces Additional $2 Billion in Share Repurchases
CHICAGO--(BUSINESS WIRE)-- ADM (NYSE: ADM) today reported financial results for the quarter and full year ended December 31, 2023.
Full-Year 2023 Highlights
Segment operating profit of $5,900 million, adjusted segment operating profit1 of $6,244 million Trailing four-quarter average adjusted return on invested capital (ROIC)1 of 12.2%Board Chair and CEO Juan Luciano commented, ADMs results speak to the resiliency of our business. Supported by our unparalleled global footprint... More
