Archer-Daniels-Midland reported net earnings of $298 million for Q1 2026, diluted EPS of $0.62 and adjusted EPS of $0.71. The company said the results included net negative mark-to-market and timing impacts of approximately $275 million.

1. 01

   Archer-Daniels-Midland reported net earnings of $298 million for Q1 2026, diluted EPS of $0.62 and adjusted EPS of $0.71. The company said the results included net negative mark-to-market and timing impacts of approximately $275 million.

2. 02

   The company said Ag Services and Oilseeds segment operating profit was $273 million, down 34% from $412 million in the prior year quarter. It cited net negative mark-to-market and timing impacts as factors in the decrease, with Crushing at $(79) million.

3. 03

   Archer-Daniels-Midland said Carbohydrate Solutions operating profit was $356 million, up 48%, and Nutrition was $135 million, up 42%. The company cited strengthening ethanol margins as a factor in the Carbohydrate Solutions increase.

4. 04

   The company said it now expects 2026 adjusted EPS of approximately $4.15 to $4.70, up from prior guidance of $3.60 to $4.25. It said capital expenditures are projected to be in the range of $1.3 to $1.5 billion.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.