Archer Daniels Midland Company (ADM) reported Q2 adjusted earnings Tuesday of $1.84 per diluted share, up from $0.93 a year earlier.
Analysts surveyed by FactSet expected $1.49.
Revenue for the quarter ended June 30 was $22.68 billion, up from $21.17 billion a year earlier.
Analysts expected $22.75 billion.
The company now expects 2026 adjusted earnings to be between $5.15 and $5.60 per share, up from $4.15 to $4.70 previously. Analysts expect $4.82.
Shares of the company were up 4.7% in recent Tuesday premarket activity.
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