Archer-Daniels-Midland Earnings, Revenue beat In Q3

  • Investing.com
Archer-Daniels-Midland Earnings, Revenue beat In Q3
Credit: © Reuters.

Investing.com - Archer-Daniels-Midland reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Archer-Daniels-Midland announced earnings per share of $0.97 on revenue of $20.34B. Analysts polled by Investing.com anticipated EPS of $0.8907 on revenue of $17.82B.

Archer-Daniels-Midland shares are up 1% from the beginning of the year and are trading at $66.63 , down-from-52-week-high.They are under-performing the Nasdaq which is up 18.14% from the start of the year.

Archer-Daniels-Midland follows other major Consumer/Non-Cyclical sector earnings this month

Archer-Daniels-Midland's report follows an earnings beat by Procter&Gamble on Tuesday, October 19, 2021, who reported EPS of $1.61 on revenue of $20.34B, compared to forecasts EPS of $1.59 on revenue of $19.83B.

PepsiCo had beat expectations on Tuesday, October 5, 2021 with third quarter EPS of $1.79 on revenue of $20.19B, compared to forecast for EPS of $1.73 on revenue of $19.39B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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