Archer Daniels Midland (ADM) came out with quarterly earnings of $1.03 per share, missing the Zacks Consensus Estimate of $1.23 per share. This compares to earnings of $1.89 per share a year ago.
Archer Daniels Midland Co.'s stock ADM, -1.06% was down1.3% in premarket trading on Tuesday after the food-production and ethanol giant reported a lower second-quarter profit and missed analyst estimates for adjusted net income and revenue. ADM said its second-quarter profit fell to $486 million, or 98 cents a share, from $927 million, or $1.30 a share in the year-ago quarter.
Get a deeper insight into the potential performance of ADM (ADM) for the quarter ended June 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
In the closing of the recent trading day, Archer Daniels Midland (ADM) stood at $62.65, denoting a +0.69% change from the preceding trading day.
Archer Daniels' (ADM) second-quarter 2024 results are likely to reflect the impacts of tough market conditions and higher costs. A soft Nutrition segment is also a concern.
24/7 Insights The Dividend Aristocrats provide dependable passive income streams.
In the closing of the recent trading day, Archer Daniels Midland (ADM) stood at $64.15, denoting a -0.06% change from the preceding trading day.
As we navigate through Q3 of 2024, all major indexes continue to set new record highs on an almost weekly basis. During this bullish rally, discovering high-quality dividend growth stocks that still trade at reasonable valuations has become increasingly challenging.
In the latest trading session, Archer Daniels Midland (ADM) closed at $64.56, marking a +1.83% move from the previous day.
ADM (ADM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
During times of turbulence and uncertainty in the markets, even when markets are at all-time highs, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
The latest trading day saw Archer Daniels Midland (ADM) settling at $64.23, representing a +1.74% change from its previous close.