ADM beats first quarter 2026 EPS estimates and raises full-year guidance, driven by a strong biofuels environment.

Archer-Daniels-Midland reported first quarter revenue of $20.49 billion, missing the $21.11 billion consensus estimate. The company posted an adjusted EPS of $0.71, beating analyst expectations of $0.66, and raised its full-year 2026 adjusted EPS guidance.

Key Highlights

• The company raised its full-year 2026 adjusted EPS guidance to a range of $4.15 to $4.70, up from the prior range of $3.60 to $4.25, citing U.S. biofuels policy clarity.
• Carbohydrate Solutions operating profit surged 48% to $356 million, driven by strengthening ethanol margins.
• Ag Services & Oilseeds operating profit declined 34% to $273 million, primarily due to approximately $275 million in negative mark-to-market and timing impacts.
• Nutrition segment operating profit grew 42% to $135 million, aided by higher Flavors sales and the ongoing recovery of the Decatur East plant.