Archer-Daniels-Midland Q1 Earnings Below Expectations
Tuesday, 12 March 2024, 11:02
Archer-Daniels-Midland Q1 Earnings Overview
Archer-Daniels-Midland reported Non-GAAP EPS of $1.36 in the first quarter, falling short by $0.07 compared to expectations. The company's revenue of $22.98B also missed by $910M.
Key Points:
- Non-GAAP EPS: $1.36
- Revenue: $22.98B
- Shortfall: $0.07 in EPS and $910M in revenue
This underperformance raises concerns about Archer-Daniels-Midland's financial strategies and market positioning.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.