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Liveblogging Archer-Daniels-Midland Q4 earnings call

As we noted earlier this morning, Archer-Daniels-Midland (NYSE: ADM) reported strong fiscal fourth quarter numbers this morning. The company showed ourth quarter income more than doubled from last year, and traders have been pushing the stock higher in early morning trading. As of 8:45 the stock is now trading up 4.0% in premarket trading.

We are going to be covering this morning's call in its entirety, so be sure to refresh your screen frequently as we will be updating this page regularly.

8:50 am - Getting ready for this mornings call to get under way.

8:55 am - About 5 more minutes and then we should be getting under way with this mornings call

9:01 am
- getting under way now, just going through all the SEC regulatory comments now

9:03 am - Patricia Woertz, CEO , going over some full year numbers: 20% increase in yearly revenues, and 65% increase in yearly EPS

9:05 am - COmpany bought back 15.4 million shares of stock during the year

Continue reading Liveblogging Archer-Daniels-Midland Q4 earnings call

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DJIA-74.9212,454.83
NASDAQ-1.852,837.53
S&P 500-2.861,317.82

Last updated: May 25, 2012: 09:53 PM

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