- Net earnings of $493M vs. $267M in the same quarter a year ago. Adjusted earnings per share of $0.77 vs. $0.55 in the same period last year.
- Profit for ADM's (NYSE:ADM) corn-processing business dropped 49.4% to $127M due to lower ethanol volumes and weaker industry volumes, while the company's oilseeds-processing business reported a profit increase of 46.3% to $483M.
- Agricultural Services increased 36.6% to $52M on improved U.S. and global grain merchandising results; Wild Flavors and Specialty Ingredients earned $68M in the first reporting period for the unit.
- Returned $0.7B to shareholders through dividends and the repurchase of 12M shares.
- Q1 results