Archer Daniels Midland Company's (ADM – Analyst Report) adjusted earnings of 60 cents per share for second-quarter 2015 dipped 24% year over year and also fell short of the Zacks Consensus Estimate of 65 cents. Excluding timing effects, adjusted earnings per share came in at 58 cents.

Archer-Daniels-Midland Company – Earnings Surprise | FindTheBest

On a reported basis, Archer Daniels' earnings of 62 cents fell 23.5% from the year-ago quarter.

Total revenue of $17,186 million fell 20% year over year and lagged the Zacks Consensus Estimate of $19,287 million. Soft revenues resulted from lower sales at all of its operating segments, expect the newly created WILD Flavors and Specialty Ingredients business.

Going by segments, quarterly revenues at Archer Daniels' Agricultural Services segment plunged 24.1% to $7,005 million, the Oilseeds Processing segment's revenues declined 21.4% to $6,822 million, and the Corn Processing segment's revenues descended 19.9% to $2,579 million, all on a year-over-year basis.