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Archer Daniels Midland (ADM)
NYSE:ADM
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Earnings Data
Report Date
Jan 28, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$1.19Last Year’s EPS
$1.36Same Quarter Last Year
Based on 6 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 18, 2024
|% Change Since: -5.43%
|Next Earnings Date:Jan 28, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted strategic successes and operational improvements, particularly in shareholder returns and specific growth areas like Flavors. However, significant challenges were faced, including a decline in operating profit, global commodity market pressures, and operational setbacks. Despite proactive measures to address these issues, the balance of positive and negative elements suggests a cautious outlook.Company Guidance
During the ADM Q3 2024 earnings call, the company provided guidance that reflected a challenging economic environment. ADM reported an adjusted earnings per share of $1.09 for the third quarter, bringing the year-to-date total to $3.61. The total segment operating profit was $1 billion for the quarter and $3.2 billion year-to-date, with a trailing fourth quarter adjusted Return on Invested Capital (ROIC) of 8.8%. The company faced declines in total segment operating profit and operating cash flow before working capital changes, largely due to lower net earnings compared to the previous year. Despite these challenges, ADM returned $3.1 billion to shareholders, comprising $744 million in dividends and $2.3 billion in share repurchases. Looking ahead, the company revised its full-year 2024 adjusted earnings per share guidance to a range of $4.50 to $5.00, taking into account year-to-date results and ongoing market headwinds. The forecast also includes estimated corporate costs of $1.7 billion to $1.8 billion and capital expenditures of approximately $1.5 billion. ADM emphasized a focus on cost and cash management to navigate the economic cycle, with planned productivity actions and strategic capital allocation intended to enhance future returns.Return to Shareholders
ADM returned $3.1 billion to shareholders with $744 million in dividends and $2.3 billion in share repurchases year-to-date in 2024.
Operational Improvements
Improvements in production and automation were noted in Carbohydrate Solutions, particularly in Latin America and EMEA regions.
Strategic Initiatives Success
Success in strategic initiatives such as Regen Ag, BioSolutions, and destination marketing, with record volume handled in October.
Flavors and Health & Wellness Growth
Flavors revenue in Europe grew by 7% and in North America by 5%, while probiotics grew 14% year-over-year in revenue.
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ADM Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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ADM Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 18, 2024 | $52.22 | $52.49 | +0.52% |
| Jul 30, 2024 | $62.18 | $61.39 | -1.27% |
| Apr 30, 2024 | $59.13 | $57.15 | -3.35% |
| Mar 12, 2024 | $53.50 | $55.60 | +3.93% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Archer Daniels Midland (ADM) report earnings?
Archer Daniels Midland (ADM) is schdueled to report earning on Jan 28, 2025, TBA Not Confirmed.
What is Archer Daniels Midland (ADM) earnings time?
Archer Daniels Midland (ADM) earnings time is at Jan 28, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ADM EPS forecast?
ADM EPS forecast for the fiscal quarter 2024 (Q4) is $1.19.
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