Archer Daniels Midland (NYSE:ADM) is expected to report Q1 earnings before the open on Tuesday, November 1, with a conference call scheduled for 9:00 am ET.
Analysts are looking for a profit of 67c on revenue of $18.93B. The consensus range is 50c-81c for EPS, and revenue of $17.34B-$21.84B, according to First Call. First Call noted two upward EPS revisions and one downward revision in the last month.
Two weeks ago, Argus initiated coverage on its stock with a Hold rating, when shares was priced near $27. Shares have moved upward since that time, but are trading lower today with the broader market, down 97c, or 3.20%, to $29.37 in early afternoon trading.