earnings
confidence high
sentiment positive
materiality 0.80
ADM reports Q4 EPS $1.50 adjusted; raises dividend 8%; optimistic 2022 outlook
Archer-Daniels-Midland Co
2021-FY EPS reported
$4.79
revenue$85,249,000,000
- Q4 2021 EPS $1.38 as reported, $1.50 adjusted vs $1.21 adjusted in Q4 2020.
- Full-year 2021 net earnings $2.7B, adjusted $2.9B; segment operating profit up 34% YoY.
- Quarterly dividend increased 8%; company cites confidence in strategic plan.
- Management targets next earnings milestone of $6.00-$7.00 per share for 2022.
- Carbohydrate Solutions segment profit $428M more than doubled from $208M in Q4 2020.