A Preview Of Archer-Daniels Midland's Earnings
Portfolio Pulse from Benzinga Insights
Archer-Daniels Midland (NYSE:ADM) is set to release its quarterly earnings report on October 24, 2023. Analysts estimate an EPS of $1.52. The company's past performance shows a trend of beating EPS estimates, which has generally led to an increase in share price. However, the stock has seen a 19.93% decrease over the last 52-week period.
October 23, 2023 | 4:02 pm
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Archer-Daniels Midland is expected to release its earnings report on October 24, 2023. The company has a history of beating EPS estimates, which could potentially lead to a short-term increase in share price.
Archer-Daniels Midland has a history of beating EPS estimates, which has generally led to an increase in share price. However, the company's stock has been on a downward trend over the past year, which could potentially impact investor sentiment. The upcoming earnings report could provide a catalyst for a short-term price increase, especially if the company beats the EPS estimate and provides positive guidance for the next quarter.
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