ADM postpones Q3 earnings report, to amend results amid more accounting errors

Nov. 04, 2024 11:17 PM ETArcher-Daniels-Midland Company (ADM) StockBy: Carl Surran, SA News Editor61 Comments
Archer Daniels Midland Company

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Archer Daniels Midland (NYSE:ADM), expected to release its Q3 earnings report on Tuesday, instead issued a surprise preliminary report late Monday, saying it expected adjusted earnings of $530M, or $1.09/share, which would be below Wall Street consensus of ~$1.25.

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