Archer Daniels Midland laying off up to 700 in face of uncertain profit

Dow Jones

02-04

MW Archer Daniels Midland laying off up to 700 in face of uncertain profit

By Steve Gelsi

Ethanol maker and food processor says 2025 guidance reflects 'weaker' market view on biofuel, trade policy turmoil

Archer Daniels Midland Co. said its fourth-quarter profit fell 9% to $667 million, as it issued a cautious outlook for 2025 and said it would cut up to 700 jobs to reduce expenses.

Archer Daniels Midland $(ADM)$ said it expects to generate adjusted 2025 earnings of $4 to $4.75 a share to reflect "weaker market fundamentals and on-going biofuel and trade policy uncertainty."

The midpoint of the estimated range would fall well below the FactSet consensus estimate of $4.71 a share.

"Going into 2025, we are focused on improving our operational performance, accelerating costs savings, and simplifying our portfolio," the company said.

In a move to save $500 million to $750 million, Archer Daniels Midland said it would cut 600 to 700 jobs across the globe.

Archer Daniels Midland earned $1.17 a share in the fourth quarter, with an adjusted profit of $1.14 a share. The company's result matched the Wall Street analyst estimate, according to FactSet data.

Fourth-quarter revenue fell to $21.5 billion from $22.98 billion in the year-ago quarter, and below the analyst estimate of $22.77 billion.

Archer Daniels Midland's stock fell 1.8% in premarket trading on Tuesday.

Prior to Tuesday's trading, ADM's stock had dipped by 1% in 2025, while the S&P 500 SPX has risen 1.9%.

-Steve Gelsi

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

February 04, 2025 08:04 ET (13:04 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。

熱議股票

1
2
3
4
5
6
7
8
9
10

{"basename":"/hant","ssrTDKData":{"titleTemplate":"%s - 老虎證券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎證券,老虎證券開戶,老虎券商,老虎證券官網,老虎證券app,tigertrade老虎證券,股票,炒股,新加坡股票交易平臺,投資,投資理財","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hant/news/2508560684"},"companyName":"老虎證券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2508560684\",edition:\"fundamental\",,,undefined,":{"share":"https://ttm.financial/m/news/2508560684?lang=zh_TW&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-02-04 21:04","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2508560684","market":"hk","top_or_hot":-1,"title":"Archer Daniels Midland laying off up to 700 in face of uncertain profit","media":"Dow Jones","content":"<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW Archer Daniels Midland laying off up to 700 in face of uncertain profit\n</p>\n<p>\n  By Steve Gelsi \n</p>\n<p>\n     Ethanol maker and food processor says 2025 guidance reflects 'weaker' market view on biofuel, trade policy turmoil \n</p>\n<p>\n     Archer Daniels Midland Co. said its fourth-quarter profit fell 9% to $667 million, as it issued a cautious outlook for 2025 and said it would cut up to 700 jobs to reduce expenses. \n</p>\n<p>\n     Archer Daniels Midland <a href=\"https://laohu8.com/S/ADM\">$(ADM)$</a> said it expects to generate adjusted 2025 earnings of $4 to $4.75 a share to reflect \"weaker market fundamentals and on-going biofuel and trade policy uncertainty.\" \n</p>\n<p>\n     The midpoint of the estimated range would fall well below the FactSet consensus estimate of $4.71 a share. \n</p>\n<p>\n     \"Going into 2025, we are focused on improving our operational performance, accelerating costs savings, and simplifying our portfolio,\" the company said. \n</p>\n<p>\n     In a move to save $500 million to $750 million, Archer Daniels Midland said it would cut 600 to 700 jobs across the globe. \n</p>\n<p>\n     Archer Daniels Midland earned $1.17 a share in the fourth quarter, with an adjusted profit of $1.14 a share. The company's result matched the Wall Street analyst estimate, according to FactSet data. \n</p>\n<p>\n     Fourth-quarter revenue fell to $21.5 billion from $22.98 billion in the year-ago quarter, and below the analyst estimate of $22.77 billion. \n</p>\n<p>\n     Archer Daniels Midland's stock fell 1.8% in premarket trading on Tuesday. \n</p>\n<p>\n     Prior to Tuesday's trading, ADM's stock had dipped by 1% in 2025, while the S&P 500 SPX has risen 1.9%. \n</p>\n<p>\n     -Steve Gelsi \n</p>\n<p>\n     This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 04, 2025 08:04 ET (13:04 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones & Company, Inc.\n</p>\n</font></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta content=\"text/html; charset=utf-8\" http-equiv=\"Content-Type\"/>\n<meta content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\" name=\"viewport\"/>\n<meta content=\"telephone=no,email=no,address=no\" name=\"format-detection\"/>\n<title>Archer Daniels Midland laying off up to 700 in face of uncertain profit</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nArcher Daniels Midland laying off up to 700 in face of uncertain profit\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\">\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time smaller\">2025-02-04 21:04</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW Archer Daniels Midland laying off up to 700 in face of uncertain profit\n</p>\n<p>\n  By Steve Gelsi \n</p>\n<p>\n     Ethanol maker and food processor says 2025 guidance reflects 'weaker' market view on biofuel, trade policy turmoil \n</p>\n<p>\n     Archer Daniels Midland Co. said its fourth-quarter profit fell 9% to $667 million, as it issued a cautious outlook for 2025 and said it would cut up to 700 jobs to reduce expenses. \n</p>\n<p>\n     Archer Daniels Midland <a href=\"https://laohu8.com/S/ADM\">$(ADM)$</a> said it expects to generate adjusted 2025 earnings of $4 to $4.75 a share to reflect \"weaker market fundamentals and on-going biofuel and trade policy uncertainty.\" \n</p>\n<p>\n     The midpoint of the estimated range would fall well below the FactSet consensus estimate of $4.71 a share. \n</p>\n<p>\n     \"Going into 2025, we are focused on improving our operational performance, accelerating costs savings, and simplifying our portfolio,\" the company said. \n</p>\n<p>\n     In a move to save $500 million to $750 million, Archer Daniels Midland said it would cut 600 to 700 jobs across the globe. \n</p>\n<p>\n     Archer Daniels Midland earned $1.17 a share in the fourth quarter, with an adjusted profit of $1.14 a share. The company's result matched the Wall Street analyst estimate, according to FactSet data. \n</p>\n<p>\n     Fourth-quarter revenue fell to $21.5 billion from $22.98 billion in the year-ago quarter, and below the analyst estimate of $22.77 billion. \n</p>\n<p>\n     Archer Daniels Midland's stock fell 1.8% in premarket trading on Tuesday. \n</p>\n<p>\n     Prior to Tuesday's trading, ADM's stock had dipped by 1% in 2025, while the S&P 500 SPX has risen 1.9%. \n</p>\n<p>\n     -Steve Gelsi \n</p>\n<p>\n     This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 04, 2025 08:04 ET (13:04 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones & Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ADM","symbol_name":"阿徹丹尼爾斯米德蘭公司","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2508560684","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2508560684","pubTimestamp":1738674240,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Ethanol maker and food processor says 2025 guidance reflects 'weaker' market view on biofuel, trade policy turmoil. Archer Daniels Midland Co. said its fourth-quarter profit fell 9% to $667 million, as it issued a cautious outlook for 2025 and said it would cut up to 700 jobs to reduce expenses.Archer Daniels Midland  said it expects to generate adjusted 2025 earnings of $4 to $4.75 a share to reflect \"weaker market fundamentals and on-going biofuel and trade policy uncertainty.\". The midpoint of the estimated range would fall well below the FactSet consensus estimate of $4.71 a share.\"Going into 2025, we are focused on improving our operational performance, accelerating costs savings, and simplifying our portfolio,\" the company said.In a move to save $500 million to $750 million, Archer Daniels Midland said it would cut 600 to 700 jobs across the globe.Archer Daniels Midland earned $1.17 a share in the fourth quarter, with an adjusted profit of $1.14 a share. The company's result matc","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"ADM":"阿彻丹尼尔斯米德兰公司","BK4585":"ETF&股票定投概念","LU0385154629.USD":"贝莱德营养科学基金A2","LU1571399168.USD":"ALLSPRING GLOBAL LONG/SHORT EQUITY \"IP\" (USD) ACC","BK4189":"农产品","BK4588":"碎股","BK4597":"股息贵族","LU2211817866.USD":"Allianz Food Security AT Acc USD","LU0471298777.SGD":"Blackrock Nutrition A2 SGD-H"},"translate_title":"面对利润不确定，Archer Daniels Midland裁员多达700人","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ADM":0.9},"content_text":"MW Archer Daniels Midland laying off up to 700 in face of uncertain profit\n\n\n  By Steve Gelsi \n\n\n     Ethanol maker and food processor says 2025 guidance reflects 'weaker' market view on biofuel, trade policy turmoil \n\n\n     Archer Daniels Midland Co. said its fourth-quarter profit fell 9% to $667 million, as it issued a cautious outlook for 2025 and said it would cut up to 700 jobs to reduce expenses. \n\n\n     Archer Daniels Midland $(ADM)$ said it expects to generate adjusted 2025 earnings of $4 to $4.75 a share to reflect \"weaker market fundamentals and on-going biofuel and trade policy uncertainty.\" \n\n\n     The midpoint of the estimated range would fall well below the FactSet consensus estimate of $4.71 a share. \n\n\n     \"Going into 2025, we are focused on improving our operational performance, accelerating costs savings, and simplifying our portfolio,\" the company said. \n\n\n     In a move to save $500 million to $750 million, Archer Daniels Midland said it would cut 600 to 700 jobs across the globe. \n\n\n     Archer Daniels Midland earned $1.17 a share in the fourth quarter, with an adjusted profit of $1.14 a share. The company's result matched the Wall Street analyst estimate, according to FactSet data. \n\n\n     Fourth-quarter revenue fell to $21.5 billion from $22.98 billion in the year-ago quarter, and below the analyst estimate of $22.77 billion. \n\n\n     Archer Daniels Midland's stock fell 1.8% in premarket trading on Tuesday. \n\n\n     Prior to Tuesday's trading, ADM's stock had dipped by 1% in 2025, while the S&P 500 SPX has risen 1.9%. \n\n\n     -Steve Gelsi \n\n\n     This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal. \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 04, 2025 08:04 ET (13:04 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1}}}