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ADM (ADM) Reports Q2 Earnings: What Key Metrics Have to Say

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Archer Daniels Midland (ADM - Free Report) reported $22.68 billion in revenue for the quarter ended June 2026, representing a year-over-year increase of 7.2%. EPS of $1.84 for the same period compares to $0.93 a year ago.

The reported revenue represents a surprise of +1.37% over the Zacks Consensus Estimate of $22.38 billion. With the consensus EPS estimate being $1.42, the EPS surprise was +29.58%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how ADM performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Processed volumes - Oilseeds: 9,477.00 Kmt versus 9,267.68 Kmt estimated by two analysts on average.
  • Revenues- Carbohydrate Solutions: $2.76 billion compared to the $2.87 billion average estimate based on two analysts. The reported number represents a change of -1.3% year over year.
  • Revenues- Ag Services and Oilseeds: $17.92 billion versus $17.52 billion estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +10.1% change.
  • Revenues- Nutrition: $1.9 billion versus $1.95 billion estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -4.6% change.
  • Revenues- Other Business: $106 million versus $111 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -5.4% change.
  • Segment Operating Profit- Carbohydrate Solutions- Total: $411 million versus $355.31 million estimated by two analysts on average.
  • Segment Operating Profit- Nutrition- Total: $172 million versus the two-analyst average estimate of $158.9 million.
  • Segment Operating Profit- Nutrition- Animal Nutrition: $33 million versus $31.55 million estimated by two analysts on average.
  • Segment Operating Profit- Ag Services and Oilseeds- Total: $867 million compared to the $714.19 million average estimate based on two analysts.
  • Segment Operating Profit- Ag Services and Oilseeds- Ag Services: $293 million compared to the $194.33 million average estimate based on two analysts.
  • Segment Operating Profit- Corporate: $-460 million compared to the $-416.11 million average estimate based on two analysts.
  • Segment Operating Profit- Ag Services and Oilseeds- Refined Products and Other: $151 million compared to the $168.09 million average estimate based on two analysts.

View all Key Company Metrics for ADM here>>>

Shares of ADM have returned +0.2% over the past month versus the Zacks S&P 500 composite's +1.7% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.

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