Earnings Preview: Archer Daniels Midland (ADM) Q2 Earnings Expected to Decline
ADM(ADM) ZACKS·2024-07-16 23:07
Wall Street expects a year-over-year decline in earnings on lower revenues when Archer Daniels Midland (ADM) reports results for the quarter ended June 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the ...