Summary
Archer-Daniels-Midland Company (ADM) filed an 8-K on October 31, 2019, to report its third quarter 2019 results. The filing primarily directs investors to a press release (Exhibit 99.1) for detailed financial and operational performance information. Investors should note that ADM references non-GAAP financial measures in its earnings announcement, with reconciliations provided within the press release itself. This 8-K serves as a notification of the release of these results and incorporates the press release by reference, including its interactive data files.
Key Highlights
- 1ADM announced its third quarter 2019 financial results on October 31, 2019.
- 2The company's earnings press release is attached as Exhibit 99.1 to the 8-K filing.
- 3Investors are directed to the press release for comprehensive details on results of operations and financial condition.
- 4The filing explicitly states that the information furnished is not deemed 'filed' for Section 18 purposes, limiting its incorporation by reference unless specifically stated.
- 5ADM utilized non-GAAP financial measures in its third quarter announcement.
- 6Reconciliations between ADM's non-GAAP and GAAP financial measures are available within the referenced press release.
Frequently Asked Questions
The detailed financial results are provided in the press release attached as Exhibit 99.1 to the 8-K filing dated October 31, 2019. This press release is incorporated by reference into the 8-K.
No, the 8-K filing itself does not contain the full financial statements. It references and incorporates by reference a press release (Exhibit 99.1) which contains the detailed financial and operational results for the third quarter of 2019.
Referencing non-GAAP financial measures means ADM is presenting performance metrics that are not strictly defined by Generally Accepted Accounting Principles (GAAP). While often used to provide a clearer view of ongoing operational performance, investors should always review the accompanying reconciliations to GAAP measures, which are provided in the press release, to understand the adjustments made and the full financial picture.
The filing states that the information furnished is not deemed 'filed' for purposes of Section 18 of the Exchange Act or incorporated by reference into other filings under securities laws, unless expressly stated. This means that the content of this 8-K, by itself, generally does not automatically update or alter the 'filed' status of previous SEC submissions.