07:56 AM EDT, 07/30/2024 (MT Newswires) -- Archer-Daniels-Midland ( ADM ) reported Q2 adjusted earnings Tuesday of $1.03 per share, down from $1.89 a year earlier.

Analysts polled by Capital IQ expected $1.24.

Total revenue for the quarter ended June 30 was $22.25 billion, down from $25.19 billion a year earlier.

Analysts surveyed by Capital IQ expected $23.16 billion.

For full-year 2024, the company said it continues to expect adjusted EPS in the range of $5.25 to $6.25. Analysts polled by Capital IQ expect $5.51.

ADM shares were down 1.2% in premarket trading.

Price: 62.82, Change: -0.48, Percent Change: -0.76