Written Commentary
ADM Reports Q2 Earnings per Share of $1.70, $1.89 on an Adjusted Basis
- July 25, 2023
- ADM Investor Services
- @TradewithAFS
ADM Reports Second Quarter Earnings per Share of $1.70, $1.89 on an Adjusted Basis
CHICAGO–(BUSINESS WIRE)– ADM (NYSE: ADM) today reported financial results for the quarter ended June 30, 2023.
- Net earnings of $0.9 billion, adjusted net earnings of $1.0 billion
- Trailing four-quarter average adjusted ROIC of 13.8%
- Repurchased $1 billion of shares through first half of 2023
“Through our second quarter results, ADM has once again shown that the diversity of our business portfolio and our integrated value chain have enabled our team to consistently deliver excellent results, even in very dynamic market conditions. Our pursuit of trend-based innovation and our relentless focus on driving efficiencies across the enterprise continue to create value for our customers and shareholders,” said Chairman and CEO Juan Luciano.
Read full release here
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