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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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