Archer-Daniels-Midland Company (ADM) Earnings Call Transcripts
Archer-Daniels-Midland Company's Latest Earnings Call - September 9, 2026
In the second quarter of fiscal year 2026, Archer-Daniels-Midland Company (ADM) reported a significant increase in adjusted EPS to $1.84, marking a 50% year-over-year growth. The company raised its full-year adjusted EPS guidance to a range of $5.15 to $5.60, reflecting strong operational execution across its three business segments. Notably, the Nutrition segment saw a 50% increase in operating profit, while the Ag Services and Oilseeds (AS&O) business grew over 100%, driven by favorable market conditions and operational efficiencies.
Reported metrics
| Metric | Value |
|---|---|
| Adjusted EPS | $1.84 (beat) |
| Full-Year Adjusted EPS Guidance | $5.15 to $5.60 (positive) |
| Nutrition Operating Profit Growth | 50% (positive) |
| AS&O Business Growth | >100% (positive) |
| CapEx Investment | $1.3B to $1.5B (positive) |
| Cost Savings Target | $500M to $750M (positive) |
Guidance from management
Management raised its full-year adjusted EPS guidance to a range of $5.15 to $5.60, reflecting confidence in ongoing operational performance and market conditions. They expect Q3 to potentially outperform Q4 due to strong visibility in margins and demand in the biofuels sector.
What analysts pressed on
Analysts expressed concerns regarding the volatility in the macroeconomic environment and geopolitical events impacting trade flows and demand. There were questions about the sustainability of margins and how ADM plans to navigate potential challenges in the second half of the fiscal year.
Main topics on the call
- Strong EPS Growth — ADM reported an adjusted EPS of $1.84 for Q2, which is a 50% increase year-over-year. Management noted, "The team executed well," highlighting effective operational execution across all business segments.
- Raised Full-Year Guidance — The company raised its full-year adjusted EPS guidance to a range of $5.15 to $5.60, indicating confidence in continued performance. This marks the second guidance increase this year, reflecting positive market condition...
- Nutrition Segment Performance — The Nutrition business achieved approximately 50% growth in operating profit compared to Q2 of the previous year. Ian Pinner stated, "We're seeing growth on growth," emphasizing strong customer focus and execution.
- Ag Services and Oilseeds Growth — The AS&O business grew over 100%, attributed to effective risk management and operational execution. Management noted, "The team did a wonderful job not just managing the risk through the volatility," indicating strong o...
Read the full Archer-Daniels-Midland Company transcript (September 9, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About Archer-Daniels-Midland Company
Archer-Daniels-Midland Company (ADM) is a publicly listed company in the Food Products industry, within the Consumer Staples sector. It trades on NYSE and is based in US. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 78 calls on record spanning January 30, 2020 to September 9, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 78 Archer-Daniels-Midland Company earnings call transcripts on record, spanning January 30, 2020 to September 9, 2026. Based on this history, Archer-Daniels-Midland Company reports quarterly. The most recent call on file is dated September 9, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- ADM
- Exchange
- NYSE
- Country
- US
- Sector
- Consumer Staples
- Industry
- Food Products
- Calls on record
- 78
- First call
- January 30, 2020
- Most recent
- September 9, 2026
- Reporting cadence
- quarterly