Benzinga | Jul 27, 2021 11:13AM EDT

Archer-Daniels Midland Q2 EPS $1.33 Beats $0.99 Estimate, Sales $22.93B Beat $17.88B Estimate

Archer-Daniels Midland (NYSE:ADM) reported quarterly earnings of $1.33 per share which beat the analyst consensus estimate of $0.99 by 34.34 percent. This is a 56.47 percent increase over earnings of $0.85 per share from the same period last year. The company reported quarterly sales of $22.93 billion which beat the analyst consensus estimate of $17.88 billion by 28.22 percent. This is a 40.81 percent increase over sales of $16.28 billion the same period last year.