Archer-Daniels-Midland Q4: Earnings Miss, Dividend Boost, Cost-Saving Plan And More

Archer-Daniels-Midland Company (NYSE:ADM) shares are trading lower on Tuesday.

The company reported fourth-quarter adjusted earnings per share of $1.14, missing the street view of $1.15. Quarterly sales of $21.50 billion missed the analyst consensus estimate of $22.66 billion.

Board Chair and CEO Juan Luciano commented, “With softer market conditions and policy uncertainty around the world going into 2025, we are focused on improving our operational performance, accelerating costs savings, and simplifying our portfolio.”

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Ag Services & Oilseeds segment operating profit was $644 million during the fourth quarter of ...

Full story available on Benzinga.com