Investing.com - Archer-Daniels-Midland reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Archer-Daniels-Midland announced earnings per share of $1.21 on revenue of $17.98B. Analysts polled by Investing.com anticipated EPS of $1.1 on revenue of $16.56B.
Archer-Daniels-Midland shares are up 5.32% from the beginning of the year and are trading at $53.09 , down-from-52-week-high.They are outperforming the S&P 500 which is up 2.64% from the start of the year.
Archer-Daniels-Midland follows other major Consumer/Non-Cyclical sector earnings this month
Archer-Daniels-Midland's report follows an earnings beat by Procter&Gamble on Wednesday, January 20, 2021, who reported EPS of $1.64 on revenue of $19.75B, compared to forecasts EPS of $1.51 on revenue of $19.27B.
Kimberly-Clark had beat expectations on Monday with fourth quarter EPS of $1.69 on revenue of $4.84B, compared to forecast for EPS of $1.62 on revenue of $4.73B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar