- Q3 GAAP EPS of $0.79 vs. $1.42 last year
- Agribusiness impacted by low farmer selling in South America, reducing grain origination and soy crushing results
- Strong performances in Food &Ingredients and Sugar &Bioenergy
- Combined Agri-Foods trailing four quarter ROIC of 8.2%; 1.2 points over WACC
- Expect solid Q4 and strong earnings growth in 2017
GAAP = Generally Accepted Accounting Principles; ROIC = Return on Invested Capital; WACC = Weighted Average Cost of Capital; EPS = Earnings per Share.
Read the full press release.