Archer Daniels Midland Co (ADM) reported second quarter net earnings attributable to ADM of $567 million or $0.88 per share, compared to $578 million or $0.90 per share last year.
On average, 12 analysts polled by Thomson Reuters expected the company to report earnings of $0.72 per share. Analysts' estimates typically exclude special items.
Net sales declined to $15.91 billion from $16.67 billion in the same quarter a year earlier.
Seven analysts estimated revenues of $16.54 billion.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.