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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