Quarterly ResultMay 5, 2026, 06:13 AM
ADM Q1 Adj EPS $0.71; Raises FY26 Adj EPS Guidance to $4.15-$4.70
AI Summary
Archer-Daniels-Midland Co (ADM) reported first-quarter 2026 adjusted EPS of $0.71, a 1% increase year-over-year, and GAAP EPS of $0.62. Net earnings were $298 million, with adjusted net earnings of $345 million. The company raised its full-year 2026 adjusted EPS guidance to $4.15-$4.70, up from the prior range of $3.60-$4.25, citing robust operating performance, a constructive biofuels environment, and clarity in U.S. biofuels policy. Strong segment performance was seen in Carbohydrate Solutions and Nutrition, while Ag Services & Oilseeds declined due to mark-to-market impacts.
Key Highlights
- ADM raised full-year 2026 adjusted EPS guidance to $4.15-$4.70.
- Q1 2026 adjusted EPS was $0.71, a 1% increase from $0.70 in Q1 2025.
- Q1 2026 GAAP EPS was $0.62, up 2% from $0.61 in Q1 2025.
- Net earnings for Q1 2026 were $298 million, with adjusted net earnings of $345 million.
- Carbohydrate Solutions segment operating profit increased 48% to $356 million.
- Nutrition segment operating profit increased 42% to $135 million.
- Ag Services & Oilseeds segment operating profit decreased 34% to $273 million.
- Capital expenditures are projected to be in the range of $1.3 billion to $1.5 billion for 2026.