ADM Beats Estimates and Raises Annual Profit Forecast
Archer-Daniels-Midland reported third-quarter earnings that surpassed analyst estimates and raised its full-year profit forecast. The agricultural giant benefited from surging oilseed processing margins and higher crop prices driven by conflict-related energy demand.
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ARCHER-DANIELS-MIDLAND CO posted third-quarter adjusted earnings of $1.77 per share on Tuesday, beating analysts' average estimate of $1.60 per share. The grain merchant raised its 2026 adjusted earnings per share forecast to a range of $5.50 to $5.80, up from $5.15 to $5.60. Strong oilseed processing margins drove the financial beat during the quarter ended September 30.
