Archer-Daniels-Midland Co expected to post earnings of $1.36 a share - Earnings Preview

Reuters04-26

* Archer-Daniels-Midland Co is expected to show a fall in quarterly revenue when it reports results on April 30 for the period ending March 31 2024

* The Chicago Illinois-based company is expected to report a 7.5% decrease in revenue to $22.266 billion from $24.07 billion a year ago, according to the mean estimate from 10 analysts, based on LSEG data.

* ​LSEG's mean analyst estimate for Archer-Daniels-Midland Co is for earnings of $1.36 per share.

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 13 "hold" and 1 "sell" or "strong sell."

* The mean earnings estimate of analysts had fallen by about 1.0% in the last three months. ​

* Wall Street's median 12-month price target for Archer-Daniels-Midland Co is $63.39​, above​ its last closing price of $61.00. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Dec. 31 2023 1.38 1.43 1.36 Missed -5

Sep. 30 2023 1.58 1.52 1.63 Beat 7.4

Jun. 30 2023 1.61 1.60 1.89 Beat 18.4​

Mar. 31 2023 1.80 1.78 2.09 Beat 17.4

​​Dec. 1.69 1.65 1.93 Beat 17

31 2022

Sep. 30 2022 1.45 1.44 1.86 Beat 29.2​

Jun. 30 2022 1.78 1.71 2.15 Beat 25.4

Mar. 31 2022 1.42 1.41 1.90 Beat 35.1

This summary was machine generated April 26 at 13:15 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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