ADM Misses Revenue, EPS Meets 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.

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Source Fool.com