Earnings Preview: Archer Daniels Midland

| About: Archer Daniels (ADM)
This article is now exclusive for PRO subscribers.

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.

Analyst Views

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.