US grain trader ADM Q4 revenue misses expectations, net profit drops 19.6% year-on-year

Glonghui, February 3rd｜U.S. grain trader Archer-Daniels-Midland (ADM) announced its fourth-quarter results, with revenue down 14% year-on-year to $18.56 billion, below analysts' expectations of $21.06 billion; net profit fell 19.6% year-on-year to $456 million, and adjusted earnings per share were $0.87, exceeding analysts' expectations of $0.8. CEO Juan Luciano stated that despite the challenging environment, complex global trade landscape, and ongoing uncertainty in U.S. biofuel policy, the company still demonstrated strong resilience last year. Looking ahead to this year, the company expects adjusted earnings per share to be between $3.6 and $4.25, while analysts' expectations are $4.22.