Archer Daniels Midland's Carbohydrate Solutions segment posted a 22% year-over-year increase in operating profit in the second quarter of 2026, helped by favorable ethanol market conditions. Within that segment, Starches and Sweeteners operating profit rose 7%, and management said ethanol margin strength, including policy incentives, drove the improvement and more than offset continued pressure on liquid sweetener volumes and margins, particularly in North America. Ethanol is only one part of the Carbohydrate Solutions business, which also depends on sweetener and starch demand, commodity costs, pricing, product mix and operating efficiency, so broader gains across the carbohydrate portfolio will likely be needed for sustained growth. ADM is also pursuing ethanol capacity expansions and debottlenecking at existing facilities. The Zacks Consensus Estimate points to ADM earnings per share growth of 52.2% in 2026 and 3.5% in 2027, with both estimates rising over the past 30 days.
Adecoagro SA
Dole PLCArcher-Daniels-Midland CompanyCarbohydrate Solutions operating profit rose 22% YoY on ethanol strength, with 2026 EPS growth estimates rising.
