Filing Flows › Archer-Daniels-Midland (ADM) › Guidance history
Archer-Daniels-Midland (ADM) guidance history: what it guided and what it reported
Archer-Daniels-Midland gave guidance in 12 earnings releases on file since Apr 30, 2024. Its releases raised guidance 4 times and lowered it 3 times.
Adjusted net income
The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| Q3 2026 | $448M (Nov 4, 2025) | — | — | — |
| FY2024 | $530M (Nov 5, 2024) | — | — | — |
Operating cash flow
The GAAP figure from the filings is shown for each period reported; it is not judged against the guide, which may leave items out (one-off payments, acquisitions).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2024 | $2.5B (Nov 5, 2024) | $2.8B (GAAP) | not judged | — |
Capital expenditures
Every guided period is still to be reported.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $1.3B–$1.5B (Feb 3, 2026) → reaffirmed $1.3B–$1.5B (May 5, 2026) → reaffirmed $1.3B–$1.5B (Aug 4, 2026) → lowered $1.2B–$1.3B (Nov 3, 2026) | — | to be reported | — |
Adjusted EPS
The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $3.60–$4.25 (Feb 3, 2026) → raised $4.15–$4.70 (May 5, 2026) → raised $5.15–$5.60 (Aug 4, 2026) → raised $5.50–$5.80 (Nov 3, 2026) | — | to be reported | — |
| Q3 2026 | $0.22 (Nov 4, 2025) | — | — | — |
| FY2025 | $4.00–$4.75 (Feb 4, 2025) → reaffirmed $4.00–$4.75 (May 6, 2025) → lowered $4.00 (Aug 5, 2025) → lowered $3.25–$3.50 (Nov 4, 2025) | — | — | — |
| FY2024 | $2.00 (Apr 30, 2024) → reaffirmed $2.00 (Jul 30, 2024) → raised $4.50–$5.00 (Nov 5, 2024) → reaffirmed $4.50–$5.00 (Nov 18, 2024) | — | — | — |
The latest quarter
Archer-Daniels-Midland, Q3 2026: revenue $22.3B (+10% year over year), operating margin 4.5%, net earnings $826M, operating cash flow $489M. The chart follows the revenue to costs, profit and cash.
Questions
Does Archer-Daniels-Midland beat its guidance?
Archer-Daniels-Midland gave guidance in 12 earnings releases on file since Apr 30, 2024. Its releases raised guidance 4 times and lowered it 3 times.
How often does Archer-Daniels-Midland raise guidance?
Its earnings releases raised guidance 4 times and lowered it 3 times since Apr 30, 2024.
Each guided period is held to the last guidance given before its figures were reported; a single figure counts as in line within 1% (0.25 pts for a rate). Reported figures are GAAP, from the company's filings; adjusted guidance shows its moves only.