Archer-Daniels-Midland Q1 Earnings Below Expectations

Tuesday, 12 March 2024, 11:02

In the first quarter, Archer-Daniels-Midland reported Non-GAAP EPS of $1.36, missing expectations by $0.07. The company's revenue of $22.98B also fell short by $910M. This performance highlights challenges faced by Archer-Daniels-Midland in the current market environment.
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Archer-Daniels-Midland Q1 Earnings Below Expectations

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.


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