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Archer Daniels second-quarter earnings fall short of expectations

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المملكة العربية السعودية أخبار أخبار

المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين

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.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

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

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

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المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

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