NYSE$ADM
Archer-Daniels-Midland Co · Q1 2024 earnings
Q1 2024 earnings · · Investor relations
Briefing
Reported solid first quarter results, demonstrating the team’s ability to execute strategy with agility amidst challenging market conditions.
ADM's first quarter results showed a decrease compared to the prior year, with adjusted EPS at $1.46. The company is driving key strategic initiatives across the business and remains confident in its full-year guidance.
- Segment operating profit was $1,311 million, and adjusted segment operating profit was $1,317 million.
- The trailing four-quarter average adjusted return on invested capital (ROIC) was 11.2%.
- Strategic initiatives are being implemented, including the Green Bison JV ramp-up and scaling regenerative agriculture and BioSolutions efforts.
- Actions to reduce supply chain complexity and better serve customers in Nutrition led to sequential quarterly improvement in operating profit.
Headline financials
Revenue & EPS history
ADM · Revenue · Quarterly
$21.8B
Revenue by segment
ADM · $21.6B total across 3 segments · Q3 2023
- Ag Services & Oilseeds$16.5B-13.9%76.3%
- Carbohydrate Solutions$3.33B-7.1%15.4%
- Nutrition$1.78B-4.3%8.3%
Forward guidance
ADM continues to expect adjusted earnings per share in the range of $5.25 to $6.25 for the full year.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2024
-0.0%
Avg return
Earnings day
-0.0%
Avg return
5 days after
+0.8%
Avg return
30 days after
50%
35 / 70 earnings
Positive
+8.5%
Q3 2016
Best reaction
-9.7%
Q1 2017
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +1.6% | +1.9% | +7.3% | |
| Q4 2025 | -0.4% | -2.6% | -2.3% | |
| Q3 2025 | +0.1% | -5.2% | -1.2% | |
| Q2 2025 | +6.0% | +6.4% | +13.9% | |
| Q1 2025 | +1.7% | +2.2% | -1.1% | |
| Q4 2024 | -5.1% | -8.5% | -3.9% | |
| Q3 2024 | -0.7% | -0.4% | -6.6% | |
| Q2 2024 | -2.0% | -6.9% | -3.9% | |
| Q1 2024 | -3.8% | -2.5% | -0.9% | |
| Q4 2023 | +6.1% | +8.0% | +14.0% | |
| Q3 2023 | -1.9% | -3.3% | +2.7% | |
| Q2 2023 | +4.6% | +3.9% | -3.3% | |
| Q1 2023 | -4.7% | -3.4% | -8.8% | |
| Q4 2022 | -2.3% | -3.2% | -4.8% | |
| Q3 2022 | +4.8% | +6.3% | +8.4% | |
| Q2 2022 | +6.4% | +9.5% | +20.2% | |
| Q1 2022 | +3.3% | -1.5% | -2.9% | |
| Q4 2021 | +5.4% | +10.7% | +10.6% | |
| Q3 2021 | -3.2% | -3.6% | -0.5% | |
| Q2 2021 | +0.3% | +2.2% | +2.2% | |
| Q1 2021 | +5.2% | +5.3% | +11.0% | |
| Q4 2020 | -6.6% | -5.8% | +8.0% | |
| Q3 2020 | -6.6% | -3.3% | +1.9% | |
| Q2 2020 | +1.8% | +0.8% | +5.4% | |
| Q1 2020 | -0.1% | -6.5% | +5.8% | |
| Q4 2019 | +4.3% | +2.4% | -14.3% | |
| Q3 2019 | +4.7% | +6.0% | +5.9% | |
| Q2 2019 | -2.5% | -8.9% | -7.4% | |
| Q1 2019 | +3.7% | +5.6% | -6.1% | |
| Q4 2018 | -5.9% | -6.1% | -5.2% | |
| Q3 2018 | +0.4% | +0.3% | -5.3% | |
| Q2 2018 | +1.6% | +5.5% | +6.4% | |
| Q1 2018 | -2.1% | -3.3% | -3.7% | |
| Q4 2017 | +3.9% | +2.2% | +6.6% | |
| Q3 2017 | -5.1% | -7.1% | -6.8% | |
| Q2 2017 | +0.7% | +1.0% | -2.0% | |
| Q1 2017 | -9.7% | -7.2% | -8.6% | |
| Q4 2016 | -1.3% | -0.4% | +0.9% | |
| Q3 2016 | +8.5% | +7.7% | +1.7% | |
| Q2 2016 | -0.7% | +0.5% | -2.5% | |
| Q1 2016 | -3.8% | — | — | |
| Q4 2015 | -5.7% | — | — | |
| Q3 2015 | -7.0% | — | — | |
| Q2 2015 | +1.1% | — | — | |
| Q1 2015 | -0.8% | — | — | |
| Q4 2014 | -4.2% | — | — | |
| Q3 2014 | +6.5% | — | — | |
| Q2 2014 | +3.6% | — | — | |
| Q1 2014 | -1.5% | — | — | |
| Q4 2013 | -0.6% | — | — | |
| Q3 2013 | +2.9% | — | — | |
| Q2 2013 | -0.3% | — | — | |
| Q1 2013 | -1.0% | — | — | |
| Q4 2012 | -6.6% | — | — | |
| Q3 2012 | +6.9% | — | — | |
| Q2 2012 | -1.8% | — | — | |
| Q1 2012 | +4.0% | — | — | |
| Q4 2011 | -2.8% | — | — | |
| Q3 2011 | -4.5% | — | — | |
| Q2 2011 | -1.8% | — | — | |
| Q1 2011 | -2.0% | — | — | |
| Q4 2008 | +0.9% | — | — | |
| Q4 2010 | +0.9% | — | — | |
| Q3 2010 | +4.2% | — | — | |
| Q3 2009 | +4.2% | — | — | |
| Q2 2010 | -2.3% | — | — | |
| Q4 2009 | +0.1% | — | — | |
| Q1 2009 | +0.1% | — | — | |
| Q2 2009 | +0.1% | — | — | |
| Q1 2010 | +0.1% | — | — |
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