Archer Daniels reports Q1 adjusted EPS 70c, consensus 67c

Reports Q1 revenue $20.18B, consensus $22.05B. “ADM delivered results aligned with our outlook and the market expectations for the first quarter. In a challenging and uncertain external environment, we advanced multiple aspects of our self-help agenda, including delivering operational improvements in North America, driving cost savings through targeted operational and organizational realignments, advancing our pipeline of portfolio simplification opportunities, and continuing our disciplined approach to capital allocation,” said Chair of the Board and CEO Juan Luciano.