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Stock impact report

ADM Reports First Quarter 2024 Results, Affirms Full-Year EPS Guidance

Archer-Daniels-Midland Company (ADM) 
Last archer-daniels-midland company earnings: 4/29 04:05 pm Check Earnings Report
US:NYSE Investor Relations: adm.com/contact-us/investor-relations
Company Research Source: Business Wire
Reported EPS of $1.42, Adjusted EPS1 of $1.46 CHICAGO--(BUSINESS WIRE)--ADM (NYSE: ADM) today reported financial results for the quarter ended March 31, 2024.First Quarter 2024 HighlightsSegment operating profit of $1,311 million, adjusted segment operating profit1 of $1,317 millionTrailing four-quarter average adjusted return on invested capital (ROIC)1 of 11.2%“ADM’s solid first quarter results showcased our team’s ability to execute our strategy with agility in the face of anticipated challenging market conditions,” said Chair of the Board and CEO Juan Luciano.“To manage through the cycle, we are driving key strategic initiatives across the business, including the ramp-up of production at our Green Bison JV and the scaling of our regenerative agriculture and BioSolutions efforts. Our productivity initiative pipeline is also expanding and we are already seeing the results of our actions to reduce supply chain complexity and better serve our customers in Nutrition as the segment d Show less Read more
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