Archer-Daniels-Midland Announces Decline In Q2 Bottom Line

(RTTNews) - Archer-Daniels-Midland (ADM) revealed a profit for second quarter that Drops, from last year

The company's earnings came in at $219 million, or $0.45 per share. This compares with $486 million, or $0.98 per share, last year.

Excluding items, Archer-Daniels-Midland reported adjusted earnings of $452 million or $0.93 per share for the period.

The company's revenue for the period fell 4.9% to $21.166 billion from $22.248 billion last year.

Archer-Daniels-Midland earnings at a glance (GAAP) :

-Earnings: $219 Mln. vs. $486 Mln. last year. -EPS: $0.45 vs. $0.98 last year. -Revenue: $21.166 Bln vs. $22.248 Bln last year.