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Profit for the quarter ended Dec. 31 rose to $473 million, or 73 cents per share, for the three months ended Dec. 31 from $441 million, or 67 cents per share, a year ago.
Revenue rose 50 percent to $16.5 billion from $10.98 billion last year.
Analysts polled by Thomson Financial had predicted a profit of 74 cents per share on revenue of $12.75 billion. The earnings estimates typically exclude one-time items.
The company said oilseed processing operating profit rose on strong protein and oil demand, while corn processing operating profit fell on lower ethanol selling prices and higher corn costs.
Overall, increased selling prices due to higher commodity prices helped results, while higher sales volume, mainly of feed grains, also boosted profit, ADM said.
Lower ethanol prices have led the company to focus more on its oilseeds processing and agricultural services businesses.
[Associated Press]
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