Archer-Daniels-Midland Gears Up For Q4 Print; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call – NewMediaReport.org

Archer-Daniels-Midland Gears Up For Q4 Print; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

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Archer-Daniels-Midland Company (NYSE: ADM) is expected to release its financial results for its fourth quarter, before the opening bell on March 12, 2024.

Analysts expect the Chicago, Illinois-based company to report quarterly earnings at $1.43 per share, down from $1.93 per share in the year-ago period. Archer-Daniels-Midland is projected to post revenue of $23.64 billion for the latest quarter, compared to $26.23 billion in the year-earlier quarter, according to data from Benzinga Pro.

On Oct. 24, Archer-Daniels-Midland reported third-quarter sales of $21.695 billion, missing the consensus of $23.68 billion.

Archer-Daniels-Midland shares gained 1% to close at $54.81 on Friday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can …

Full story available on Benzinga.com


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