Archer-Daniels-Midland Earnings, Revenue beat In Q4

  • Investing.com
Archer-Daniels-Midland Earnings, Revenue beat In Q4
Credit: © Reuters.

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

Archer-Daniels-Midland announced earnings per share of $1.5 on revenue of $23.09B. Analysts polled by Investing.com anticipated EPS of $1.3 on revenue of $20.14B.

Archer-Daniels-Midland shares are down 7.12% from the beginning of the year and are trading at $68.59 , down-from-52-week-high.They are outperforming the Nasdaq which is down 11.44% from the start of the year.

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, January 19, 2022, who reported EPS of $1.66 on revenue of $20.95B, compared to forecasts EPS of $1.65 on revenue of $20.33B.

Estee Lauder had missed expectations on Thursday with second quarter EPS of $2.61 on revenue of $5.48B, compared to forecast for EPS of $2.64 on revenue of $5.5B.

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

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