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ADM (ADM) Reports Q3 Earnings: What Key Metrics Have to Say

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For the quarter ended September 2026, Archer Daniels Midland (ADM - Free Report) reported revenue of $22.34 billion, up 9.6% over the same period last year. EPS came in at $1.77, compared to $0.92 in the year-ago quarter.

The reported revenue represents a surprise of -1.49% over the Zacks Consensus Estimate of $22.67 billion. With the consensus EPS estimate being $1.63, the EPS surprise was +8.59%.

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: 8,945.00 Kmt compared to the 9,120.21 Kmt average estimate based on two analysts.
  • Revenues- Carbohydrate Solutions: $2.94 billion versus $2.93 billion estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +7.5% change.
  • Revenues- Ag Services and Oilseeds: $17.45 billion compared to the $17.76 billion average estimate based on two analysts. The reported number represents a change of +11.7% year over year.
  • Revenues- Nutrition: $1.84 billion compared to the $1.87 billion average estimate based on two analysts. The reported number represents a change of -4.1% year over year.
  • Revenues- Other Business: $115 million compared to the $108.14 million average estimate based on two analysts. The reported number represents a change of +5.5% year over year.
  • Segment Operating Profit- Carbohydrate Solutions- Total: $470 million compared to the $382.71 million average estimate based on two analysts.
  • Segment Operating Profit- Nutrition- Total: $134 million versus $150.26 million estimated by two analysts on average.
  • Segment Operating Profit- Nutrition- Animal Nutrition: $41 million compared to the $32.56 million average estimate based on two analysts.
  • Segment Operating Profit- Ag Services and Oilseeds- Total: $778 million compared to the $868.86 million average estimate based on two analysts.
  • Segment Operating Profit- Ag Services and Oilseeds- Ag Services: $172 million compared to the $267.01 million average estimate based on two analysts.
  • Segment Operating Profit- Corporate: $-470 million versus $-465.39 million estimated by two analysts on average.
  • Segment Operating Profit- Ag Services and Oilseeds- Refined Products and Other: $218 million versus the two-analyst average estimate of $216.79 million.

View all Key Company Metrics for ADM here>>>

Shares of ADM have returned -8.1% over the past month versus the Zacks S&P 500 composite's -2.3% 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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