HUTCHINSON, Kan. — The quarterly earnings parade continues Tuesday as ADM will release its fourth quarter earnings.
In its last report, the oilseed company posted third quarter net income of $225 million. Earnings, adjusted for non-recurring costs, were $0.89 per share. Total revenue was $15.13 billion in the period, which fell short of forecasts.
ADM employs around 50 workers at full operation in Hutchinson and carries a total valuation in the county of just under $2.5 million while paying just over $406,000 in property taxes.