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ADM — Archer-Daniels-Midland News Story

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

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

- Archer-Daniels-Midland ADM.N beat Wall Street estimates for second-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 $1.84 per share for the three months ended June 30, compared with analysts' average estimate of $1.44 , according to data compiled by LSEG.


(Reporting by Sumit Saha in Bengaluru; Editing by Shinjini Ganguli)

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

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