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ADM — Archer-Daniels-Midland News Story

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Grain trader Archer-Daniels-Midland beats fourth-quarter profit estimates

Feb 3 (Reuters) - Archer-Daniels-Midland ADM.N beat Wall Street estimates for fourth-quarter adjusted profit on Tuesday, as the company benefited from higher margins in its grain trading business.

The Chicago-based company posted an adjusted profit of 87 cents per share for the three months ended December 31, compared with analysts' average estimate of 80 cents, according to data compiled by LSEG.

(Reporting by Pooja Menon in Bengaluru; Editing by Leroy Leo)

((Pooja.Menon@thomsonreuters.com;))

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