Archer-Daniels Midland (NYSE:ADM) reported its Q2 earnings results on Tuesday, July 26, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Earnings
Archer-Daniels Midland beat estimated earnings by 25.73%, reporting an EPS of $2.15 versus an estimate of $1.71.
Revenue was up $4.36 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.5 which was followed by a 3.62% increase in the share price the next day.
Here's a look at Archer-Daniels Midland's past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.4 | 1.34 | 0.89 | 0.99 |
| EPS Actual | 1.9 | 1.50 | 0.97 | 1.33 |
| Revenue Estimate | 17.91B | 20.21B | 17.93B | 17.88B |
| Revenue Actual | 23.65B | 23.09B | 20.34B | 22.93B |
To track all earnings releases for Archer-Daniels Midland visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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