ADM Misses Revenue, EPS Meets Estimates
ADM reported mixed Q4 earnings, meeting EPS expectations but missing revenue estimates.
Archer-Daniels-Midland (NYSE:ADM), a leading global food processing and commodities trading corporation, released its fourth quarter 2024 earnings on Feb. 4. The company reported adjusted earnings per share (EPS) of $1.14, in line with Wall Street estimates.
However, total revenue fell short at $21.498 billion compared to the forecast $22.772 billion. This revenue miss marks a significant deviation from expectations, indicating underlying market and operational challenges. The quarter overall was marked by struggles in revenue retention, although cost management provided some stability.
Source: Analyst estimates for the quarter provided by FactSet.
