Archer-Daniels-Midland Company

ADM

US0394831020

Food Processing

Market Closed - Nyse Other stock markets 21:00:02 11/09/2024 BST			Pre-market 12:24:29
59.00 ^USD	-0.08%		58.61	-0.66%

09-09	UBS Adjusts Price Target on Archer-Daniels-Midland to $64 From $60, Maintains Neutral Rating	MT
09-04	Archer-Daniels-Midland Insider Sold Shares Worth $10,298,813, According to a Recent SEC Filing	MT

Archer-Daniels-Midland Company Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2024

July 30, 2024 at 12:00 pm

Archer-Daniels-Midland Company reported earnings results for the second quarter and six months ended June 30, 2024. For the second quarter, the company reported sales was USD 22,248 million compared to USD 25,190 million a year ago. Sales was USD 22,248 million compared to USD 25,190 million a year ago. Net income was USD 486 million compared to USD 927 million a year ago. Net income was USD 486 million compared to USD 927 million a year ago. Basic earnings per share from continuing operations was USD 0.99 compared to USD 1.7 a year ago. Diluted earnings per share from continuing operations was USD 0.98 compared to USD 1.7 a year ago. Diluted earnings per share from continuing operations was USD 0.98 compared to USD 1.7 a year ago.
For the six months, sales was USD 44,095 million compared to USD 49,262 million a year ago. Sales was USD 44,095 million compared to USD 49,262 million a year ago. Net income was USD 1,215 million compared to USD 2,097 million a year ago. Net income was USD 1,215 million compared to USD 2,097 million a year ago. Basic earnings per share from continuing operations was USD 2.42 compared to USD 3.83 a year ago. Diluted earnings per share from continuing operations was USD 2.41 compared to USD 3.82 a year ago. Diluted earnings per share from continuing operations was USD 2.41 compared to USD 3.82 a year ago.

Latest news about Archer-Daniels-Midland Company

UBS Adjusts Price Target on Archer-Daniels-Midland to $64 From $60, Maintains Neutral Rating	09-09	MT
Archer-Daniels-Midland Insider Sold Shares Worth $10,298,813, According to a Recent SEC Filing	09-04	MT
Transcript : Archer-Daniels-Midland Company Presents at Barclays 17th Annual Global Consumer Staples Conference, Sep-03-2024 03:45 PM	09-03
Archer-Daniels-Midland Insider Sold Shares Worth $6,090,199, According to a Recent SEC Filing	08-30	MT
ADM and Farmers Business Network® Launch Gradable Joint Venture to Accelerate Adoption of Regenerative and Sustainable Ag Practices	08-19	CI
CICC Starts Archer-Daniels-Midland With Neutral Rating, $60.93 Price Target	08-12	MT
Cargill internal memo describes structural overhaul to streamline company	08-08	RE
Archer-Daniels-Midland Keeps Quarterly Dividend at $0.50 a Share, Payable on Sept. 11 to Shareholders on Aug. 21	08-07	MT
ADM Declares Cash Dividend, Payable on September 11, 2024	08-07	CI
Bunge, ADM to benefit as US farmers sell cheap crops in 'haul of shame'	08-05	RE
EU clears Bunge and Viterra's $34 billion merger deal	08-01	RE
JPMorgan Raises Archer-Daniels-Midland's Price Target to $66 From $65	07-31	MT
Citigroup Trims Price Target on Archer-Daniels-Midland to $62 From $63	07-31	MT
Bunge reports quarterly profit miss on weak processing margins, shares slide	07-31	RE
Tranche Update on Archer-Daniels-Midland Company's Equity Buyback Plan announced on November 5, 2014.	07-30	CI
Sector Update: Consumer Stocks Mixed Pre-Bell Tuesday	07-30	MT
Transcript : Archer-Daniels-Midland Company, Q2 2024 Earnings Call, Jul 30, 2024	07-30
Archer-Daniels-Midland Q2 Adjusted Earnings, Revenue Fall; 2024 Adjusted EPS Outlook Reaffirmed	07-30	MT
Stock Futures Edge Higher Ahead of Earnings, Labor Market Data; Asia Down, Europe Rises	07-30	MT
Earnings Flash (ADM) ADM Posts Q2 EPS $1.03, vs. Street Est of $1.24	07-30	MT
Earnings Flash (ADM) ADM Reports Q2 Revenue $22.25B, vs. Street Est of $23.16B	07-30	MT
Archer-Daniels-Midland Company Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2024	07-30	CI
MORNING BID EUROPE-Oil slips and equities ease in pre-Fed drift	07-30	RE
Archer-Daniels-Midland reported explosion at its Decatur facility	07-29	RE
Bunge offers to sell Viterra's oilseeds facilities in Poland, Hungary, source says	07-16	RE

Chart Archer-Daniels-Midland Company

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Company Profile

Archer-Daniels-Midland Company is one of the world's leading transformers of agricultural products into food ingredients, fuels, and industrial products. Net sales break down by activity as follows: - agricultural services (78.2%): manufacturing and sale of oilseed-based products, raw materials trading, transportation, storage, etc.; - manufacturing and sale of cereal grain-based products (13.7%): flours, starches, glucose, acidulants, sweeteners, dextrose, amino acids, etc.; - manufacturing of flavors and ingredients (7.7%); - other (0.4%). Net sales are distributed geographically as follows: the United States (41.3%), Switzerland (21.2%), Cayman Islands (8.1%), Brazil (3.6%), Mexico (3.4%), Canada (2.6%), United Kingdom (2.4%) and others (17.4%).

Employees

41,008

Sector

Food Processing

Calendar

21/10/2024 - Q3 2024 Earnings Release (Projected)

Related indices

S&P 500

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