earnings
confidence high
sentiment positive
materiality 0.85
ADM Q3 2022 EPS $1.86 adjusted vs $0.97 prior year; segment profit up 56%
Archer-Daniels-Midland Co
2022-Q3 EPS reported
$5.87
revenue$75,617,000,000
- Net earnings ~$1.0B; EPS as reported $1.83, adjusted $1.86 (vs $0.93/$0.97 in Q3 2021).
- Segment operating profit $1,559M, up from $1,000M YoY; Ag Services & Oilseeds led at $1,075M.
- Trailing four-quarter average adjusted ROIC of 13%.
- Carbohydrate Solutions profit $309M, Nutrition $177M, Other $18M (vs -$5M YoY).
- CEO cites robust global demand; company well positioned for end of 2022 and into 2023.