Archer-Daniels-Midland Reports Increase In Q2 Profit

(RTTNews) - Archer-Daniels-Midland (ADM) reported earnings for its second quarter that Increases, from the same period last year

The company's bottom line came in at $908 million, or $1.87 per share. This compares with $219 million, or $0.45 per share, last year.

Excluding items, Archer-Daniels-Midland reported adjusted earnings of $895 million or $1.84 per share for the period.

The company's revenue for the period rose 7.2% to $22.681 billion from $21.166 billion last year.

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

-Earnings: $908 Mln. vs. $219 Mln. last year. -EPS: $1.87 vs. $0.45 last year. -Revenue: $22.681 Bln vs. $21.166 Bln last year.

-Guidance: Full year EPS guidance: $ 5.15 To $ 5.60