Archer-Daniels Midland: Q3 Earnings Insights

Archer-Daniels Midland: Q3 Earnings Insights

Archer-Daniels Midland ADM reported its Q3 earnings results on Tuesday, October 25, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Earnings

Archer-Daniels Midland beat estimated earnings by 31.91%, reporting an EPS of $1.86 versus an estimate of $1.41.

Revenue was up $4.34 billion from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.44 which was followed by a 1.94% increase in the share price the next day.

Here's a look at Archer-Daniels Midland's past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 1.71 1.4 1.34 0.89
EPS Actual 2.15 1.9 1.50 0.97
Revenue Estimate 25.16B 17.91B 20.21B 17.93B
Revenue Actual 27.28B 23.65B 23.09B 20.34B

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.

Posted In: BZI-RecapsEarnings