Can Archer Daniels' (ADM) Strategic Endeavors Aid the Stock?
ADMADM(ADM) ZACKS·2024-06-18 01:01

Archer Daniels Midland Company (ADM) continues to be troubled by the sluggishness across its Nutrition unit. This led to a year-over-year segment revenue dip of 0.9% in first-quarter 2024, following a year-over-year decline of 6.7% in the preceding quarter. Adjusted operating profit for the segment also fell by a significant 39% compared with the same period last year. Within this segment, human nutrition reported an operating profit of 76million,down76 million, down 62 million from the prior year due to unplanned down ...