Archer-Daniels-Midland Beats Q1 Earnings Expectations But Misses Revenue Targets: What's Next for The Agri-Giant?
Archer-Daniels-Midland Beats Q1 Earnings Expectations But Misses Revenue Targets: What's Next for The Agri-Giant?
Archer-Daniels-Midland Company (NYSE:ADM) shares are trading lower on Tuesday.
周二，阿切尔-丹尼尔斯-米德兰公司（纽约证券交易所代码：ADM）股价走低。
The company reported first-quarter adjusted earnings per share of $1.46, beating the analyst consensus of $1.36.
该公司公布的第一季度调整后每股收益为1.46美元，超过了分析师共识的1.36美元。
Quarterly revenues of $21.85 billion missed the street view of $22.27 billion.
季度收入为218.5亿美元，低于222.7亿美元的街景。
Adjusted segment operating profit was $1.317 billion for the first quarter, a 24% decrease from the prior year.
第一季度调整后的分部营业利润为13.17亿美元，比上年下降24％。
AS&O segment operating profit was $864 million during the first quarter of 2024, down 29% compared to the prior year period.
2024年第一季度，AS＆O板块的营业利润为8.64亿美元，与去年同期相比下降了29％。
Slower farmer selling also negatively impacted export volumes and margins in South America.
农民销售放缓也对南美的出口量和利润率产生了负面影响。
The operating profit of the Nutrition segment was $84 million during the first quarter of 2024, down 39% compared to the prior year.
2024年第一季度，营养板块的营业利润为8400万美元，与去年同期相比下降了39％。
"To manage through the cycle, we are driving key strategic initiatives across the business, including the ramp-up of production at our Green Bison JV and the scaling of our regenerative agriculture and BioSolutions efforts," said Chair of the Board and CEO Juan Luciano.
董事会主席兼首席执行官胡安·卢西亚诺表示：“为了管理整个周期，我们正在推动整个业务的关键战略举措，包括提高我们的绿野牛合资企业的产量以及扩大我们的再生农业和生物解决方案工作。”
Outlook: Archer-Daniels-Midland sees FY24 adjusted earnings per share of $5.25-$6.25 versus the $5.57 estimate.
展望：Archer-Daniels-Midland预计，24财年调整后的每股收益为5.25美元至6.25美元，而预期为5.57美元。
"Our productivity initiative pipeline is also expanding and we are already seeing the results of our actions to reduce supply chain complexity and better serve our customers in Nutrition as the segment delivered sequential quarterly improvement in operating profit," Luciano added.
卢西亚诺补充说：“我们的生产力计划渠道也在扩大，随着该细分市场的营业利润连续季度增长，我们已经看到了降低供应链复杂性并更好地为营养领域客户提供服务的行动的成果。”
In a separate press release, the company said that its global regenerative agriculture program expanded to more than 2.8 million acres in 2023, exceeding its 2 million acre goal. In addition, the company announced that it is targeting 3.5 million regenerative acres in 2024 and is increasing its 2025 goal from 4 million to 5 million acres globally.
该公司在另一份新闻稿中表示，其全球再生农业计划在2023年扩大到超过280万英亩，超过了其200万英亩的目标。此外，该公司宣布，其目标是在2024年实现350万英亩再生土地，并将2025年的目标从全球400万英亩提高到500万英亩。
The latest development is a part of the company's launch of regenerative agriculture initiatives in Europe and Latin America.
最新进展是该公司在欧洲和拉丁美洲启动的再生农业计划的一部分。
Price Action: ADM shares are trading lower by 2.97% to $58.89 on the last check Tuesday.
价格走势：在周二的最后一次支票中，ADM股价下跌2.97％，至58.89美元。
译文内容由第三方软件翻译。