ADM Q3 2023 Earnings Report
Key Takeaways
ADM reported strong Q3 2023 results with adjusted EPS of $1.63. Ag Services & Oilseeds delivered solid results, Carbohydrate Solutions drove strong performance, and Nutrition saw outstanding growth in Flavors. The company raised its full-year earnings outlook.
Ag Services & Oilseeds leveraged Brazilian export capabilities and extended regenerative agriculture partnerships.
Carbohydrate Solutions drove strong results through excellent execution in ethanol, starches, and sweeteners.
Nutrition's Flavors segment continued to outpace the market.
The company is again raising its full-year earnings outlook.
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ADM Revenue by Segment
Forward Guidance
With strong performance to date in 2023 and a constructive expectation for the remainder of the year, ADM is again raising its full-year earnings outlook.
Revenue & Expenses
Visualization of income flow from segment revenue to net income