Investing.com - Archer-Daniels-Midland reported fourth quarter earnings that missed analysts' expectations on Tuesday and revenue that fell short of forecasts.
The firm reported earnings per share of $0.88 on revenue of $15.95B. Analysts polled by Investing.com forecast EPS of $0.92 on revenue of $16.81B. That compared to EPS of $0.82 on revenue of $16.07B in the same period a year earlier. The company had reported EPS of $0.92 on revenue of $15.8B in the previous quarter.
For the year, Archer-Daniels-Midland shares are up 8.59%, under-performing the S&P 500 which is up 10.01% year to date.
Archer-Daniels-Midland follows other major Consumer/Non-Cyclical sector earnings this month
On Wednesday, January 23, 2019, Procter&Gamble reported second quarter EPS of $1.25 on revenue of $17.44B, compared to forecasts of EPS of $1.21 on revenue of $17.16B.
Unilever NV ADR earnings matched analyst's expectations on Thursday, with fourth quarter EPS of $1.22 on revenue of $13.94B. Investing.com analysts expected EPS of $1.22 on revenue of $13.68B
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