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ADM REPORTS EARNINGS OF 40 CENTS A SHARE IN THIRD QUARTER

 DECATUR, Ill., April 16 /PRNewswire/ -- Archer Daniels Midland Company (NYSE: ADM) today reported net earnings of $130,375,000, equal to 40 cents per share, for the three months ended March 31, 1993, based on 326,683,000 average shares outstanding. This compares with earnings of $109,085,000, equal to 33 cents per share on 328,148,000 shares outstanding in the same period a year ago, adjusted for the 5 percent stock dividend in September 1992.
 Net earnings for the nine months ended March 31, 1993, were $413,314,000, or $1.27 per share, based on 326,475,000 average shares outstanding. This compares with net earnings of $366,640,000, or $1.12 per share on 327,553,000 shares outstanding for the nine-month period of a year ago, adjusted as above.
 Provisions for federal and state income taxes for the first nine months of the current fiscal year were $204,456,000, compared with $196,414,000 in the same period a year ago.
 -0- 4/16/93
 /CONTACT: H. G. Buffett of ADM, 217-424-5413/
 (ADM)


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

GK-AH -- NY030 -- 6709 04/16/93 11:25 EDT
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Publication:PR Newswire
Date:Apr 16, 1993
Words:200
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