On November 3, Archer-Daniels-Midland (ADM) beat quarterly profit estimates, supported by stronger processing margins. The company narrowed its fiscal 2026 adjusted EPS guidance to $5.50–$5.58, compared with its previous range of $5.15–$5.60. The guidance floor rose from $5.15 to $5.50, putting the new midpoint at $5.54, slightly above analysts’ estimate of $5.53. The results reflect strong processing-sector performance and show that developments in grain processing extend beyond Bunge.
Third-quarter adjusted earnings topped analysts’ estimates, while revenue fell short; the company raised its annual earnings forecast and narrowed its capital spending range.
Read the full storyArcher-Daniels-Midland exceeded quarterly profit expectations on the back of strong processing margins, leading the company to upgrade its full-year financial outlook.