ADM · 8-K · 20260804PR000040
Guidance / Outlook
Archer-Daniels-Midland Co · 2026-08-04 · Importance 66 · Surprise 84 · In source text
ADM raised its 2026 adjusted EPS guidance to approximately $5.15-$5.60 from $4.15-$4.70, increasing the midpoint by $0.95, or approximately 21%. The outlook assumes year-over-year earnings improvement in Crushing and ethanol and continued improvement in Nutrition. ADM expects to capitalize on the constructive biofuels margin environment supported by the 2026 and 2027 U.S. Renewable Volume Obligations, global trade dynamics, and elevated energy prices. Full-year capital expenditures remain projected at $1.3 billion-$1.5 billion.
Key facts
- ADM raised full-year 2026 adjusted EPS guidance to approximately $5.15 to $5.60, from prior range $4.15 to $4.70 source
- Adjusted net earnings for 2Q26: $895 million and adjusted EPS for 2Q26: $1.84 source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| net_income | positive | committed | — | ADM raised full-year 2026 adjusted EPS guidance to approximately $5.15 to $5.60, from prior range $4.15 to $4.70 |