Archer Daniels Midland Q2 Profit Up 20% - Quick Facts
(RTTNews) - Archer Daniels Midland (ADM) said that second quarter net earnings increased 20% to $ 441 million or $0.67 per share from $368 million or $0.56 per share last year. On average, 8 analysts polled by First Call/Thomson Financial expected earnings of $0.60 per share
Net sales rose 18% to $10.97 billion from $9.29 billion in the same quarter last year. Four Wall Street analysts' consensus revenue estimate came in at $9.52 billion
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