financetom
Business
financetom
/
Business
/
ADM misses quarterly profit estimates
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
ADM misses quarterly profit estimates
Mar 12, 2024 4:25 AM

March 12 (Reuters) - Archer-Daniels-Midland ( ADM )

reported lower-than-expected fourth-quarter earnings on Tuesday,

after an investigation into accounting practices at the

company's nutrition unit delayed the release of its financial

results for nearly two months.

The global grains merchant reported adjusted earnings of

$1.36 per share for the fourth quarter, while analysts had

expected earnings of $1.43 per share, according to LSEG data.

It also announced an additional $2 billion in share

repurchases.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Trigon Metals Says Namibia's Competition Commission Clears the US$24 Million Sale of Its Kombat Mine
Trigon Metals Says Namibia's Competition Commission Clears the US$24 Million Sale of Its Kombat Mine
Sep 18, 2025
12:49 PM EDT, 09/18/2025 (MT Newswires) -- Trigon Metals ( PNTZF ) on Thursday said the Namibian Competition Commission approved the US$24-million sale of its stake in the Kombat Mine to Horizon Corp. The approval, effective on Sept.12, clears a major regulatory hurdle and ushers in the final phases toward closing the deal, Trigon said. Under the terms agreed in...
--Washington Trust Bancorp Keeps Quarterly Dividend at $0.56 a Share, Payable Oct. 10 to Shareholders of Record Oct. 1
--Washington Trust Bancorp Keeps Quarterly Dividend at $0.56 a Share, Payable Oct. 10 to Shareholders of Record Oct. 1
Sep 18, 2025
12:53 PM EDT, 09/18/2025 (MT Newswires) -- Price: 30.11, Change: +0.81, Percent Change: +2.76 ...
Lionsgate Studios to Cut 5% of Staff in Latest Round of Layoffs, CEO Says
Lionsgate Studios to Cut 5% of Staff in Latest Round of Layoffs, CEO Says
Sep 18, 2025
12:51 PM EDT, 09/18/2025 (MT Newswires) -- Lionsgate Studios ( LION ) is eliminating an additional 5% of its companywide workforce, according to a Thursday internal memo from Chief Executive Jon Feltheimer. The move follows a previous 8% reduction, Feltheimer said in the memo, adding that the layoffs are part of a strategy to adapt the company to an industry...
What's Going On With Plug Power Stock?
What's Going On With Plug Power Stock?
Sep 18, 2025
Plug Power Inc ( PLUG ) shares are trading higher by 33% over the past week, lifted by a favorable macroeconomic shift and growing optimism for the hydrogen sector. The stock’s ascent has coincided with the Global X Hydrogen ETF ( HYDR ) , of which Plug Power ( PLUG ) is a major holding, touching a new 52-week high...
Copyright 2023-2026 - www.financetom.com All Rights Reserved