| Quarter | Call date | Disclosure | Financial quality | Kept | Missed | |
|---|---|---|---|---|---|---|
| Q2'26 | August 4, 2026 | - | No flags | 0 | 0 | Call sheet → |
| Q1'26 | May 5, 2026 | 10/12 | 2 medium, 4 low flags | 5 | 0 | Call sheet → |
| Q4'25 | February 3, 2026 | 9/12 | 5 medium, 3 low flags | 5 | 1 | Call sheet → |
| Q3'25 | November 4, 2025 | 9/12 | 1 high, 3 medium, 1 low flags | 2 | 2 | Call sheet → |
| Marked | Status | Promise |
|---|---|---|
| Q1'26 | Pending | Target cost savings of $500M-$750M over 3-5 years Program launched in 2025, on track but no specific progress update |
| Q1'26 | Delivered | Maintain disciplined capital allocation CapEx guidance maintained at $1.3B-$1.5B, dividend increased |
| Q1'26 | Delivered | Nutrition expected to show continued improvement Operating profit up 42% YoY with strong flavors performance |
| Q1'26 | Delivered | Continue recovery of Decatur East plant operations Plant back to full volume but customer recovery taking longer than expected |
| Q1'26 | Exceeded | 45Z could be $100 million impact Now expecting $150 million for full year 2026 |
| Q1'26 | Pending | Expect crush margins in 2026 to be similar to 2025 Q1 impacted by mark-to-market but underlying margins appear improving |
| Q1'26 | Delivered | RVO policy clarity would create increasingly constructive operating environment RVO published March 27, crush rates immediately jumped 10% YoY |
| Q4'25 | Exceeded | Alltech JV to commence operations in 2026 Joint venture commenced operations recently, ahead of schedule |
| Q4'25 | Delivered | Decatur East plant returning to planned utilization rates Plant is back online and consistently producing white flake |
| Q4'25 | Delivered | Year-end leverage ratio of approximately 2x Ended at 1.9x, slightly better than target |
| Q4'25 | Delivered | Full year 2025 CapEx in range of $1.3-1.5 billion Invested $1.2B, came in below range showing capital discipline |
| Q4'25 | Delivered | Targeted $200-300M in cost savings in 2025 Achieved approximately $200M, hitting low end of range |
| Q4'25 | Missed | Full year 2025 adjusted EPS approximately $4 per share Delivered $3.43, significantly below guidance due to crush margin deterioration |
| Q3'25 | Pending | CapEx spend in range of $1.3-1.5 billion for 2025 YTD at $892M, tracking to range |
| Q3'25 | Delivered | Strong crops in North America and solid export season in Q4 Achieved best September export volume since 2016 |
| Q3'25 | Pending | Remain on track for $200-300 million in cost savings in 2025 Management reaffirmed this target despite other guidance cuts |
| Q3'25 | Delivered | Continued improvement in Nutrition through Decatur East returning to full production Plant is back online and consistently producing white flake |
| Q3'25 | Missed | Global soybean crush margins in range of $60-70 per metric ton for Q4 Now expecting flat to slightly up from Q3, well below $60-70 range |
| Q3'25 | Missed | Adjusted earnings per share to be approximately $4 per share for full year 2025 Cut to $3.25-$3.50 range, a 13-19% reduction from prior guidance |
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