Archer-Daniels-Midland Earnings, Revenue beat In Q3
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 $1.86 on revenue of $24.68. Analysts polled by Investing.com anticipated EPS of $1.39 on revenue of $22.34B.
Archer-Daniels-Midland shares are down 13.16% from the beginning of the year and are trading at $89.28 , down-from-52-week-high.
Archer-Daniels-Midland follows other major Consumer Staples sector earnings this month
Archer-Daniels-Midland's report follows an earnings beat by Procter&Gamble on Wednesday, October 19, 2022, who reported EPS of $1.57 on revenue of $20.6B, compared to forecasts EPS of $1.56 on revenue of $20.37B.
Coca-Cola had beat expectations on Tuesday with third quarter EPS of $0.69 on revenue of $11.1B, compared to forecast for EPS of $0.64 on revenue of $10.53B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar
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