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ADM REPORTS EARNINGS OF 48 CENTS A SHARE IN SECOND QUARTER

 DECATUR, Ill., Jan. 15 /PRNewswire/ -- Archer Daniels Midland Company today reported net earnings of $156,311,000, equal to 48 cents per share, for the three months ended Dec. 31, 1992, based on 326,441,000 average shares outstanding. This compares with earnings of $131,054,000, equal to 40 cents per share, on 327,567,000 shares outstanding in the same period a year ago, adjusted for the 5 percent stock dividend in September, 1992.
 Net earnings for the six months ended Dec. 31, 1992 were $282,939,000, or 87 cents per share, based on 326,375,000 average shares outstanding. This compares with net earnings of $257,555,000, or 79 cents per share, on 327,244,000 shares outstanding for the six-month period of a year ago, adjusted as above.
 Provisions for federal and state income taxes for the first six months of the current fiscal year were $141,449,000, compared with $139,166,000 in the same period a year ago.
 -0- 1/15/93
 /CONTACT: H.G. Buffett of Archer Daniels Midland Company, 217-424-5413/
 (ADM)


CO: Archer Daniels Midland Company ST: Illinois IN: SU: ERN

SM-KW -- NY061 -- 5534 01/15/93 16:53 EST
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Publication:PR Newswire
Date:Jan 15, 1993
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