Archer Daniels Midland (ADM) Tops Q4 EPS by 12c

Archer Daniels Midland (NYSE: ADM) reported Q4 EPS of $0.82, $0.12 better than the analyst estimate of $0.70. Revenue for the quarter came in at $16.07 billion versus the consensus estimate of $16.66 billion.

“We ended 2017 with a solid fourth quarter. We pulled the levers under our control—including cost and capital initiatives and interventions throughout the year - to deliver value for shareholders,” said ADM Chairman and CEO Juan Luciano. “I am also proud that our more than 31,000 colleagues delivered the best quarterly employee safety record in ADM’s history.”

“For 2017 as a whole, we grew earnings per share, improved returns on invested capital and generated positive EVA. Looking ahead, we expect improving results through 2018 as our strategy advances. Our increasing international presence, and expanding capabilities in areas such as destination marketing, food and beverage innovation, and health and wellness, all help to position ADM for continued growth and value creation.”

For earnings history and earnings-related data on Archer Daniels Midland (ADM) click here.

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