Archer Daniels Midland (ADM) Lags Q3 Earnings and Revenue Estimates
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Archer Daniels Midland (ADM) reported Q3 earnings of $1.09 per share, missing the Zacks Consensus Estimate of $1.26. This is a decrease from $1.63 per share a year ago.
November 19, 2024 | 12:00 am
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Archer Daniels Midland reported Q3 earnings of $1.09 per share, missing estimates and showing a decline from last year's $1.63 per share.
ADM's earnings miss and year-over-year decline in EPS are likely to negatively impact investor sentiment, leading to short-term stock price pressure.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100