ADM Q2 2023 Earnings Report
Key Takeaways
ADM reported Q2 2023 earnings with an EPS of $1.70 ($1.89 adjusted), net earnings of $0.9 billion ($1.0 billion adjusted), and segment operating profit of $1.5 billion ($1.628 billion adjusted). The company highlighted the strength of its diversified portfolio and integrated value chain in delivering excellent results despite dynamic market conditions. They are raising their earnings expectations for full-year 2023.
Ag Services & Oilseeds leveraged investments for record origination volumes in Brazil.
Carbohydrate Solutions delivered excellent results across global starches and sweeteners.
Nutrition achieved strong results in Flavors and expanded its customer base.
Strategic initiatives connected to decarbonization are building additional earnings power and growth.
ADM
ADM
ADM Revenue by Segment
Forward Guidance
Based on strong first-half results and increased confidence in second-half performance, ADM is raising its earnings expectations for full-year 2023.
Revenue & Expenses
Visualization of income flow from segment revenue to net income