CHICAGO (AP) — CHICAGO (AP) — Archer Daniels Midland Co. (ADM) on Tuesday reported fourth-quarter earnings of $567 million.
The Chicago-based company said it had profit of $1.17 per share. Earnings, adjusted for non-recurring gains, were $1.14 per share.
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.07 per share.
The agribusiness giant posted revenue of $21.5 billion in the period, which missed Street forecasts. Three analysts surveyed by Zacks expected $21.93 billion.
For the year, the company reported profit of $1.8 billion, or $3.65 per share. Revenue was reported as $85.53 billion.
ADM expects full-year earnings in the range of $4 to $4.75 per share.
ADM shares have fallen 1% since the beginning of the year, while the S&P’s 500 index has risen 26%. The stock has decreased 12% in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ADM at https://www.zacks.com/ap/ADM
Copyright © 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.