Archer Daniels Midland (ADM) Misses Q4 EPS by 5c, Revenues Miss

Archer Daniels Midland (NYSE: ADM) reported Q4 EPS of $0.88, $0.05 worse than the analyst estimate of $0.93. Revenue for the quarter came in at $15.95 billion versus the consensus estimate of $16.81 billion.

“Our team executed well, delivering strong year-over-year profit growth in the fourth quarter,” said Chairman and CEO Juan Luciano. “Looking back on the full year, the team did a great job focusing on the items we could control, as we continued innovating to serve customer needs and advancing our strategic priorities. Our effective management through complicated and rapidly changing trade, geopolitical and market conditions helped deliver an impressively strong 2018 that included solid profit growth, improved returns on invested capital and higher cash flows.

“We will continue working to deliver shareholder value in 2019 by vigorously executing our strategy, including aggressively working to improve execution in select businesses, accelerating our Readiness efforts to deliver increasing value, and harvesting the contributions from our acquisitions and organic growth investments. By continuing to pull the levers under our control, we are positioning ourselves to grow profits and returns in 2019 and beyond.”

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

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