May 3 (Reuters) - Archer Daniels Midland Co ADM.N
* Adm reports first quarter adjusted earnings of $0.42 per share
* Q1 adjusted earnings per share $0.42 excluding items
* Q1 earnings per share $0.39
* Q1 earnings per share view $0.45 -- Thomson Reuters I/B/E/S
* Qtrly oilseeds operating profit of $261 million decreased $231 million from strong year-ago results.
* Qtrly revenues $14.38 billion versus $17.51 billion
* Qtrly agricultural services operating profit was $76 million, down $118 million from year-ago quarter
* Low u.s. Export volumes, weak margins continued, in quarter, poor results from global trade desk impacted results for ag services Source text for Eikon: ID:nBw44wJMsa Further company coverage: ADM.N
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