We have a brand new updated website! Click here to check it out!

ADM post 2Q results

HUTCHINSON, Kan – The quarterly earnings reports continue with Archer Daniels Midland Co. reporting a second-quarter profit of $276 million before Tuesday’s opening bell.

The Chicago-based company said it had net income of 48 cents per share. Earnings, adjusted for non-recurring costs, were 57 cents per share.

The results exceeded Wall Street expectations. The agribusiness giant with four elevators and more than 50 employees in Hutchinson, posted revenue of $14.94 billion in the period.

Tyson Food is the next company with ties to Reno County to release its earnings numbers. That report will come before the bell Monday, Aug. 7.

Copyright Eagle Radio | FCC Public Files | EEO Public File