ADM Q4 Earnings Beat, Ag Services & Oilseeds Unit Hurts Revenues

Archer Daniels Midland Company (ADM) posted mixed fourth-quarter 2024 results, wherein the bottom line beat the Zacks Consensus Estimate but the top line missed. Both metrics declined on a year-over-year basis.Adjusted earnings of $1.14 per share surpassed the Zacks Consensus Estimate of$1.07. However, the figure decreased from earnings of $1.36 per share in the year-ago quarter. On a reported basis, Archer Daniels’ earnings were$1.17 per share, up 10.4% from the year-ago quarter’s $1.06.Stay up-to-date w ...