Financial Data and Key Metrics Changes - The company reported fourth quarter adjusted earnings per share of $0.87 and full-year adjusted earnings per share of $3.43, with total segment operating profit of $821 million for the fourth quarter and $3.2 billion for the full year [5][12] - The trailing fourth quarter adjusted return on invested capital (ROIC) was 6.3%, and cash flow from operations before working capital changes was $2.7 billion for 2025 [5][22] - The company achieved approximately $200 million in cost savings through portfolio optimization and simplification initiatives [8] Business Line Data and Key Metrics Changes - The Ag Services and Oilseeds (AS&O) segment operating profit for the fourth quarter was $444 million, down 31% year-over-year, and for the full year, it was $1.6 billion, a decrease of 34% compared to 2024 [14] - The Carbohydrate Solutions segment operating profit for the fourth quarter was $299 million, down 6% year-over-year, and for the full year, it was $1.2 billion, down 12% compared to 2024 [18] - The Nutrition segment revenues were $1.8 billion for the fourth quarter, remaining relatively flat year-over-year, with human nutrition revenue increasing by 5% and animal nutrition revenue decreasing by 4% [19] Market Data and Key Metrics Changes - The company noted that the operating environment throughout 2025 was challenging, but improvements in global trade relations and U.S. biofuel policy clarity are expected to support a more constructive market environment in 2026 [11][12] - The company anticipates positive economic opportunities for the industry and American farmers, which should drive additional long-term investments [11] Company Strategy and Development Direction - The company is focused on five key growth areas: enhanced nutrition, biotics, biosolutions, precision fermentation, and decarbonization, each with different growth profiles and timelines for value creation [9][10] - The company aims to optimize its results in what is expected to be a more constructive operating environment, with a focus on disciplined capital allocation and cost savings [30] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the future, highlighting the importance of timing regarding U.S. biofuel policy clarity and its potential positive impact on operations [33][34] - The company expects adjusted EPS for 2026 to be in the range of $3.60-$4.25, reflecting growth over 2025 [12][27] Other Important Information - The company paid its 376th consecutive quarterly dividend during the fourth quarter [6] - The company has made significant progress in improving working capital efficiency, realizing a $1.5 billion cash flow benefit from inventory reduction [22] Q&A Session Summary Question: Comments on the RVO and its impact on operating rates - Management acknowledged the difficulty in providing guidance due to external factors but expressed optimism about the positive impact of RVO clarity on operating rates and margins [33][34] Question: Update on Nutrition segment performance and customer recovery - Management clarified that while the Nutrition segment faced challenges, there was strong performance in flavors and a recovery in specialty ingredients, with ongoing efforts to regain market share [41][42] Question: Insights on crush margins and demand - Management indicated that the crush margins are influenced by various factors, including RVO policy and consumer demand, and emphasized the need for careful monitoring of market conditions [58][60] Question: Discussion on Starches and Sweeteners demand - Management noted that demand softness is attributed to various factors, including consumer behavior changes and pricing pressures, but emphasized efforts to offset these challenges [65][66]

Financial Data and Key Metrics Changes - The company reported fourth quarter adjusted earnings per share (EPS) of $0.87 and full year adjusted EPS of $3.43, with total segment operating profit of $821 million for the fourth quarter and $3.2 billion for the full year [4] - The trailing fourth quarter adjusted return on invested capital (ROIC) was 6.3%, and cash flow from operations before working capital changes was $2.7 billion for 2025, with a $1.5 billion cash flow benefit from inventory reduction [4][19] Business Line Data and Key Metrics Changes - The Ag Services and Oilseeds (AS&O) segment operating profit for the fourth quarter was $444 million, down 31% year-over-year, and for the full year, it was $1.6 billion, a 34% decrease compared to 2024 [11] - The Carbohydrate Solutions segment operating profit for the fourth quarter was $299 million, down 6% year-over-year, and for the full year, it was $1.2 billion, down 12% compared to 2024 [14] - The Nutrition segment revenues were $1.8 billion for the fourth quarter, remaining flat year-over-year, with human nutrition revenue increasing by 5% and animal nutrition revenue decreasing by 4% [16] Market Data and Key Metrics Changes - The operating environment throughout 2025 was challenging, with lower export activity from North America impacting the Ag Services subsegment [11] - The company expects positive economic opportunities for the industry and American farmers to materialize, which should drive additional long-term investments [9] Company Strategy and Development Direction - The company is focusing on five key growth areas: enhanced nutrition, biotics, biosolutions, precision fermentation, and decarbonization, with each presenting potential for compelling returns [7] - The company executed over 20 projects as part of portfolio optimization and simplification initiatives, achieving approximately $200 million in cost savings [6] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the future, anticipating a more constructive operating environment in 2026, driven by improved trade relations and expected clarity in U.S. biofuel policy [9][10] - The current outlook for adjusted EPS in 2026 is projected to be between $3.60 and $4.25, reflecting growth over 2025 [20] Other Important Information - The company paid its 376th consecutive quarterly dividend during the fourth quarter [5] - The joint venture with Alltech has commenced operations, although it is not expected to have a material impact on nutrition operating profit in 2026 [22] Q&A Session Summary Question: Congratulations on closing the case with the SEC and DOJ. What are the expectations for operating rates and processing rates of biodiesel and renewable diesel facilities once the RVO arrives? - Management acknowledged the difficulty in providing guidance due to external factors but expressed optimism about positive impacts once clarity is received on policies [30][31] Question: Can you provide an update on the Nutrition segment and the recovery of customers lost during the Decatur East downtime? - Management indicated that while there was a strong performance in flavors, recovery of customer demand is ongoing and will take time [39][40] Question: What are the expectations for crush margins and the impact of RVO policy on future earnings? - Management stated that the timing and adoption of RVO policy will significantly influence crush margins and overall earnings, with a cautious outlook provided [58][60] Question: What is driving the weakness in Starches and Sweeteners demand? - Management noted that consumer behavior changes, including the adoption of GLP-1 medications, have contributed to reduced demand, alongside pricing pressures [64][66]

Group 1 - The article does not provide any relevant content regarding company or industry insights [1]

Fourth Quarter and Full Year 2025 Earnings Conference Call February 3, 2026 Proprietary business information of ADM. 2 Cautionary Note Regarding Forward-Looking Statements This presentation contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 that involve substantial risks and uncertainties. All statements, other than statements of historical fact included in this release, are forward-looking statements. You can identify forward-looking statements ...

Archer Daniels Midland logged lower fourth-quarter profit and revenue, hurt by a challenging operating environment marked by trade and policy uncertainty. ...

Exhibit 99.1 ADM Reports Fourth Quarter and Full-year 2025 Results; Provides 2026 Guidance Reports fourth quarter 2025 EPS of $0.94 and adjusted EPS of $0.87, with full-year 2025 EPS of $2.23 and adjusted EPS of $3.43 2 1,2 2 1,2 Provides 2026 outlook underpinned by an expected increasingly constructive operating environment as global trade policies evolve and U.S. biofuel policy clarity progresses Announces increase in quarterly dividend, marking 53 consecutive years of dividend growth CHICAGO, February 3, ...

Core Insights - Archer Daniels Midland Company (ADM) is expected to report a decline in earnings for the fourth quarter of 2025, with an estimated earnings per share (EPS) of 83 cents, reflecting a 27.2% decrease from the previous year [1][2]. Financial Performance - The Zacks Consensus Estimate for ADM's revenues is projected at $22.3 billion, indicating a 3.8% growth compared to the same quarter last year [2]. - In the last reported quarter, ADM achieved an earnings surprise of 3.4%, beating the Zacks Consensus Estimate by an average of 4.3% over the last four quarters [3]. Segment Analysis - The Ag Services and Oilseeds segment is anticipated to face continued pressure due to challenging margins, with revenues estimated at $17.7 billion, suggesting a 4.9% year-over-year growth [4][7]. - The Carbohydrate Solutions segment is expected to report revenues of $2.6 billion, indicating a 4.9% decline year-over-year, driven by soft global demand for sweeteners and starches [6][7]. - The Nutrition segment is projected to be a positive contributor, with revenues estimated at $1.85 billion, reflecting a 4.3% year-over-year growth, supported by portfolio optimization and cost discipline [8][9]. Market Dynamics - The company is experiencing margin pressures in its Refined Products and Other segment due to uncertainties in biofuel and trade policies, which have negatively impacted biodiesel margins [5]. - Despite these challenges, ADM is focusing on productivity improvements and innovation, particularly in biosolutions, biotics, flavors, and health and wellness, which are seeing increased customer engagement [10][11]. Valuation Metrics - ADM has a forward 12-month price-to-earnings ratio of 15.76X, which is below its five-year high of 16.91X and above the industry average of 13.59X [15]. - The stock has risen 10.5% over the past three months, contrasting with a 14.8% decline in the industry [15].

Core Viewpoint - Analysts expect Archer Daniels Midland (ADM) to report quarterly earnings of $0.83 per share, reflecting a year-over-year decline of 27.2%, with revenues projected at $22.31 billion, an increase of 3.8% from the previous year [1] Earnings Projections - The consensus EPS estimate has been revised downward by 22.2% over the past 30 days, indicating a significant reassessment by analysts [1][2] Revenue Estimates - Analysts predict 'Revenues- Carbohydrate Solutions' will reach $2.61 billion, down 4.9% year-over-year [4] - 'Revenues- Other Business' is expected to be $104.00 million, showing a year-over-year increase of 4% [4] - 'Revenues from external customers- Nutrition- Animal Nutrition' is estimated at $894.37 million, reflecting a 4.2% increase year-over-year [4] - 'Revenues- Nutrition' is projected to be $1.85 billion, indicating a 4.3% year-over-year increase [5] - 'Revenues- Ag Services and Oilseeds' is expected to reach $17.70 billion, up 4.9% from the prior year [5] - 'Revenues from external customers- Carbohydrate Solutions- Vantage Corn Processors' is forecasted at $733.17 million, a 1.6% increase year-over-year [6] - 'Revenues from external customers- Ag Services and Oilseeds- Crushing' is expected to be $3.03 billion, reflecting an 8.7% increase [6] - 'Revenues from external customers- Ag Services and Oilseeds- Refined Products and Other' is estimated at $2.83 billion, indicating an 8.9% year-over-year increase [7] - 'Revenues from external customers- Carbohydrate Solutions- Starches and Sweeteners' is projected at $1.88 billion, down 7.2% from the previous year [7] - 'Revenues from external customers- Nutrition- Human Nutrition' is expected to be $956.40 million, reflecting a 4.4% increase [8] - 'Revenues from external customers- Ag Services and Oilseeds- Ag Services' is projected at $11.84 billion, indicating a 3.1% increase year-over-year [8] Processed Volumes - Analysts predict 'Processed volumes - Oilseeds' will reach 9,181 thousand metric tons, compared to 9,050 thousand metric tons from the previous year [9] Stock Performance - Over the past month, ADM shares have returned +17.2%, outperforming the Zacks S&P 500 composite's +0.8% change [10] - ADM currently holds a Zacks Rank 3 (Hold), suggesting its performance may align with the overall market in the near future [10]

Core Viewpoint - Archer Daniels Midland (ADM) reached a $40 million settlement with the SEC to resolve allegations of defrauding investors by inflating profit margins in its nutrition segment [1][3]. Group 1: Settlement Details - The settlement concludes a regulatory investigation into ADM's accounting practices, which led to a significant decline in stock value and the departure of several top executives [3]. - ADM settled the case without admitting any wrongdoing [3]. Group 2: Allegations and Investigations - The SEC's case focused on actions taken between 2021 and 2022, where then-CFO Vikram Luthar allegedly directed accounting adjustments to inflate profits in the nutrition division [4]. - The SEC claims these adjustments were intended to misrepresent the success of the nutrition business, which ADM has heavily invested in through acquisitions [4]. Group 3: Individual Accountability - The SEC has filed a separate lawsuit against Luthar, alleging he directed the fraud and profited by selling over $1.8 million in ADM shares while the stock price was inflated [5]. - The SEC seeks to recover Luthar's gains, impose financial penalties, and bar him from serving as an officer or director of any public company [6]. Group 4: Company Response - ADM's CEO expressed satisfaction in moving past the investigation and reaffirmed the company's commitment to transparency and integrity [6]. - A separate criminal investigation by federal prosecutors has been closed without any charges being filed [6].

ADM agreed to pay $40 million to settle US SEC allegations that former executives sought to boost a flailing business unit’s bottom line to meet company targets, the regulator said https://t.co/dJpUOJoNTO ...