Archer Daniels Midland (ADM) Falls More Steeply Than Broader Market: What Investors Need to Know

Archer Daniels Midland (ADM) ended the recent trading session at $53.65, demonstrating a -1.22% swing from the preceding day’s closing price. This change lagged the S&P 500’s daily loss of 0.48%, while the tech-heavy Nasdaq lost 0.82%.

Market participants will be closely following the financial results of Archer Daniels Midland in its upcoming release. The company is expected to report EPS of $1.45, down 24.87% from the prior-year quarter. Meanwhile, the latest consensus estimate predicts the revenue to be $23.65 billion, indicating a 9.83% decrease compared to the same quarter of the previous year.

It’s also important for investors to be aware of any recent modifications to analyst estimates for Archer Daniels Midland. These revisions help to show the ever-changing nature of near-term business trends. Therefore, positive revisions in estimates convey analysts’ confidence in the company’s business performance and profit potential.

Our research reveals that these estimated alterations are directly linked with the stock price performance in the short term.