Archer Daniels Midland Co ADM released its results for the first quarter on Tuesday.
The company reported its FQ1 earnings at $578 million, or $0.86 per share, up from $421 million, or $0.65 per share, in the year-earlier period. The company's sales surged to $20.08 billion from $15.15 billion. However, analysts were expecting earnings of $0.86 per share on sales of $16.89 billion.
ADM shares fell 0.05% to close at $37.00 yesterday.
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