---
schema_version: "secwatch.filing_event.v1"
accession: "0000007084-23-000024"
form_type: "8-K"
ticker: "ADM"
cik: "0000007084"
company_name: "Archer-Daniels-Midland Co"
filed_at: "2023-07-25T23:59:59+00:00"
generated_at: "2026-06-13T03:34:46.914774+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# ADM Q2 EPS $1.70 ($1.89 adj.); raises FY2023 earnings outlook

## Summary
- Net earnings $0.9B, adjusted net earnings $1.0B; adjusted EPS $1.89 vs $2.15 YoY.
- Segment operating profit $1,525M ($1,628M adj.); Ag Services $1,054M, Carbohydrate Solutions $303M, Nutrition $185M.
- Repurchased $1B of shares in H1 2023.
- Raising full-year 2023 earnings expectations on strong H1 and confidence in H2.
- Trailing four-quarter average adjusted ROIC of 13.8%.

## SEC filing metadata
- accession: 0000007084-23-000024
- form_type: 8-K
- ticker: ADM
- cik: 0000007084
- company_name: Archer-Daniels-Midland Co
- filed_at: 2023-07-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/7084/000000708423000024/0000007084-23-000024-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/7084/000000708423000024/adm-20230725.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000007084-23-000024
- JSON: https://secwatch.observer/filing/0000007084-23-000024.json
- Plain text: https://secwatch.observer/filing/0000007084-23-000024.txt

## Key facts
- Earnings Releases
  Archer-Daniels-Midland Co reported Second Quarter 2023 results: net income Net earnings of $0.9 billion, EPS Earnings per share (as reported) $1.70. Guidance raised.
  - Period: Second Quarter 2023
  - Net income: Net earnings of $0.9 billion
  - EPS: Earnings per share (as reported) $1.70
  - Guidance: raised
  - Result: reported results
  source text: ADM Reports Second Quarter Earnings per Share of $1.70, $1.89 on an Adjusted Basis • Net earnings of $0.9 billion, adjusted net earnings of $1.0 billion • Trailing four-quarter average adjusted ROIC of 13.8% • Repurchased $1 billion of shares through first half of 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/7084/000000708423000024/0000007084-23-000024-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.