Archer-Daniels-Midland drops after lowering annual profit forecast

Archer-Daniels-Midland

04/11/2025 14:56

Updates

** Shares of global grain trader Archer-Daniels-Midland ADM.N down 2% at $58.90

** Co cuts full-year profit forecast, citing weaker crush margins and a delay in U.S. biofuel policy

** ADM now expects adjusted earnings of $3.25 to $3.50 per share for 2025, down from its earlier view of around $4.00 per share and below analysts' estimate of $3.79 per share - data compiled by LSEG

 ** Profit in ADM's agricultural services and oilseed segment, its largest division, fell 21% in Q3 to $379 million

 ** However, ADM reports Q3 adjusted profit of 92 cents per share vs estimates of 85 cents per share

     ** Including session's moves, ADM up 16.6% YTD

(Reporting by Sumit Saha in Bengaluru)

((Sumit.Saha@thomsonreuters.com;))