earnings
confidence medium
sentiment negative
materiality 0.75
ADM Q1 adjusted EPS $1.46 down 30% YoY, affirms full-year guidance
Archer-Daniels-Midland Co
2024-Q1 EPS reported
$1.42
revenue$21,847,000,000
- GAAP EPS $1.42, adjusted EPS $1.46; segment operating profit $1,311M (-24% YoY).
- Full-year EPS guidance affirmed; CEO cites productivity, share repurchases, Green Bison ramp-up.
- Nutrition segment delivered sequential quarterly improvement in operating profit.
- Trailing four-quarter avg adjusted ROIC of 11.2%.