Written Commentary
ADM Reports Q4 Earnings of $1.22 per Share, $1.21 per Share on an Adjusted Basis, Affirms Earnings Growth Expectation for 2021
- ADMIS Research Team
- @TradewithAFS
- Q4 net earnings of $687 million; adjusted net earnings of $684 million
- Q4 adjusted EPS up 49 percent excluding prior-year impact of retroactive biodiesel tax credit
- Full-year reported EPS of $3.15; record adjusted EPS of $3.59
- Expect growth in operating profit and EPS in 2021
CHICAGO–(BUSINESS WIRE)– ADM (NYSE: ADM) today reported financial results for the quarter and fiscal year ended December 31, 2020.
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