News Formal

Archer Daniels second-quarter earnings fall short of expectations

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 97%

इंडिया समाचार समाचार

इंडिया ताज़ा खबर,इंडिया मुख्य बातें

Ag. giant ADM cites plant-based proteins as long-term growth opportunity

Archer Daniels Midland Company ADM, +0.32% reported second-quarter earnings on Thursday that missed Wall Street expectations. Profit fell to $235 million, or 42 cents a share, from $566 million, or $1 a share, a year ago. Adjusted EPS was 60 cents a share, missing the FactSet consensus of 61 cents a share. Revenue fell to $16.297 billion from $17.068 billion a year ago, also missing the FactSet consensus of $16.822 billion.

"We took aggressive action in the face of challenging external conditions, and we are confident that our work over the first half of the year will help deliver a stronger back half," said Archer Daniels CEO Juan Luciano in a statement. "We are also seeing early signs of how African Swine Fever might impact global animal protein markets, and eventually support incremental soybean meal demand in key meat-producing regions outside of China.

 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।

Mangan150 ... I can’t imagine where the damning of animal protein is coming from.

हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

 /  🏆 3. in İN

इंडिया ताज़ा खबर, इंडिया मुख्य बातें

Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।

'Avengers: Endgame' Helps Lift Imax Second-Quarter EarningsChristopher Nolan is shooting 'Tenet,' his upcoming action thriller, entirely with Imax cameras, says the giant screen exhibitor.
स्रोत: THR - 🏆 411. / 53 और पढो »

Merck earnings beat Wall Street's expectationsMerck's second-quarter earnings and revenue easily beat Wall Street’s expectations, SquawkCNBC reports.
स्रोत: CNBC - 🏆 12. / 72 और पढो »

General Electric beats low earnings expectations as cash flow stabilizesGeneral Electric reported second-quarter earnings on Wednesday that were slightly better than Wall Street expected. I doubt GE management is pleased with this photo!
स्रोत: CNBC - 🏆 12. / 72 और पढो »

BNP Paribas' second-quarter profits buoyed by corporate and investment banking armBNP Paribas on Wednesday reported a net income of 2.47 billion euros ($2.76 billion) for the second quarter of the year, beating the 2.18 billion euros expected by analysts polled by Reuters.
स्रोत: CNBC - 🏆 12. / 72 और पढो »