Archer-Daniels Midland Q2 2024 Adj. EPS $1.03 Misses $1.22 Estimate, Sales $22.248B Miss $23.177B Estimate
Author: Benzinga Newsdesk | July 30, 2024 07:02am
Archer-Daniels Midland (NYSE:
ADM) reported quarterly earnings of $1.03 per share which missed the analyst consensus estimate of $1.22 by 15.57 percent. This is a 45.5 percent decrease over earnings of $1.89 per share from the same period last year. The company reported quarterly sales of $22.248 billion which missed the analyst consensus estimate of $23.177 billion by 4.01 percent. This is a 11.68 percent decrease over sales of $25.190 billion the same period last year.
Posted In: ADM