Archer-Daniels-Midland (ADM) reported Q1 adjusted earnings Tuesday of $0.70 per diluted share, down from $1.46 a year earlier.
Analysts polled by FactSet expected $0.66.
Revenue for the quarter ended March 31 was $20.18 billion, down from $21.85 billion a year earlier.
Analysts surveyed by FactSet expected $22.08 billion.
The company reaffirmed its full-year 2025 adjusted earnings guidance of $4.00 to $4.75 per diluted share. Analysts surveyed by FactSet expect $4.07.