Getting your player ready...
The world’s largest grain processor credited volatile prices for the corn, soybeans and wheat it processes for a 42 percent increase in third-quarter profits.
Profits grew to $517 million, or 80 cents a share, compared with a year-ago profit of $363 million, or 56 cents a share. Revenue surged more than 64 percent to $18.71 billion, from $11.38 billion.
Analysts surveyed by Thomson Financial expected earnings of 70 cents a share on revenue of $13.45 billion.
