ADM raises 2026 adjusted EPS guidance to $5.15-$5.60 after strong second-quarter results
Archer-Daniels-Midland reported second-quarter 2026 GAAP EPS of $1.87 and adjusted EPS of $1.84, with total segment operating profit up 75% from a year earlier. The company raised its full-year 2026 adjusted EPS guidance to approximately $5.15 to $5.60, from $4.15 to $4.70, citing biofuels margins and growth in Nutrition.
Key points
- Second-quarter 2026 net earnings attributable to ADM were $908 million, compared with $219 million a year earlier.
- GAAP EPS was $1.87 versus $0.45 in the prior-year quarter; adjusted EPS was $1.84.
- Full-year 2026 adjusted EPS guidance was raised to approximately $5.15 to $5.60 from $4.15 to $4.70.
- Ag Services and Oilseeds segment operating profit rose 129% to $867 million, led by the Crushing subsegment.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:30 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 04, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.