ADM reported second quarter earnings per share of $2.18, or $2.15 on an adjusted basis. The company's performance was driven by strong execution, productivity initiatives, and innovation projects. ADM expects continued strong earnings in the second half of 2022 and plans to accelerate share repurchases.
Adjusted earnings per share of $2.15 reflect strong execution.
Productivity initiatives are improving capabilities and mitigating the impact of inflation.
Innovation projects are powering profitable growth.
Strategic actions and continued good demand are expected to propel very strong earnings in the second half of 2022.
ADM expects the combination of its strategic actions and continued good demand for its products to propel very strong earnings in the second half of 2022, with strong cash flows enabling it to accelerate approximately $1 billion in share repurchases into the back half of the year.
Visualization of income flow from segment revenue to net income