Investing.com - Archer-Daniels-Midland reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Archer-Daniels-Midland announced earnings per share of $1.86 on revenue of $24.68. Analysts polled by Investing.com anticipated EPS of $1.39 on revenue of $22.34B.
Archer-Daniels-Midland shares are down 13.16% from the beginning of the year, still down 9.71% from its 52 week high of $98.88 set on April 21.
Archer-Daniels-Midland follows other major Consumer Staples sector earnings this month
Archer-Daniels-Midland's report follows an earnings beat by Procter&Gamble on October 19, who reported EPS of $1.57 on revenue of $20.6B, compared to forecasts EPS of $1.56 on revenue of $20.37B.
Coca-Cola had beat expectations on Tuesday with third quarter EPS of $0.69 on revenue of $11.1B, compared to forecast for EPS of $0.64 on revenue of $10.53B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar