Archer Daniels Midland reported second quarter net earnings of $219 million, or $0.45 per share, down 54% compared to the same period last year as the agricultural processing company navigated challenging market conditions.
Adjusted earnings per share came in at $0.93, a 10% decrease from the prior year quarter, according to the company’s financial results released Monday.
ADM tightened its full-year 2025 adjusted earnings guidance to approximately $4.00 per share, citing first-half performance and expectations that recently improved margins will primarily benefit the fourth quarter and beyond.
“In the second quarter, ADM continued to make progress on operational improvements, driving cost savings through targeted realignments and advancing our pipeline of portfolio simplification opportunities,” said Chair and CEO Juan Luciano.
The company’s Ag Services & Oilseeds segment saw operating profit decline 17% to $379 million, impacted by trade policy uncertainty and biofuel policy concerns. Carbohydrate Solutions profit fell 6% to $337 million, while Nutrition showed improvement with a 5% increase to $114 million.
Year-to-date cash flows from operations reached $4.0 billion.
Luciano noted that with biofuel policy clarity emerging late in the quarter, ADM is “well-positioned to exit 2025 with strong momentum.”
