ADM Reports Second Quarter Earnings of $0.48 per Share, $0.57 per Share on an Adjusted Basis

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Go back to ADM Reports Second Quarter Earnings of $0.48 per Share, $0.57 per Share on an Adjusted Basis

Archer Daniels Midland (ADM) PT Raised to $45 at Stifel

August 2, 2017 12:36 PM EDT

Stifel raised its price target on Archer Daniels Midland (NYSE: ADM) to $45.00 (from $40.00) while maintaining a Hold rating following Q2 results.

Analyst Paul Forward noted a firming core business but remains on the sidelines given valuation and difficulties in SI.

... More

Archer Daniels Midland (ADM) Tops Q2 EPS by 5c

August 1, 2017 7:01 AM EDT

Archer Daniels Midland (NYSE: ADM) reported Q2 EPS of $0.57, $0.05 better than the analyst estimate of $0.52. Revenue for the quarter came in at $14.94 billion versus the consensus estimate of $16.17 billion.

We continued to deliver on our strategic plan and capitalize on improving conditions in some markets... More