Why did ADM's Q4 earnings miss forecasts?

Archer-Daniels-Midland Company (ADM) experienced a decline in its Q4 2024 earnings, missing the forecast, due to several key factors:

1. **Challenges in the Agricultural Segment**: The AS&O (Archer-Daniels-Midland's Agricultural Services & Oilseeds) segment faced a significant challenge, with a 32% profit decline compared to the prior year. This segment's performance was adversely affected by low commodity prices and trade tensions, which negatively impacted profitability.
2. **Cost Savings Measures**: ADM announced plans to implement cost-saving measures amounting to $500 to $750 million. These measures are likely to have a transitional impact on earnings as the company rationalizes its operations and optimizes its resource allocation.

In summary, ADM's Q4 earnings miss can be attributed to challenges in its agricultural segment and cost-saving measures. These factors combined to affect the company's profitability, resulting in earnings that fell short of market expectations.