ADM Reports Fourth Quarter Earnings of $1.39 per Share, $0.82 per Share on an Adjusted Basis

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Go back to ADM Reports Fourth Quarter Earnings of $1.39 per Share, $0.82 per Share on an Adjusted Basis

Archer Daniels Midland (ADM) PT Raised to $49 at Baird; 'Strong Q4 Results Support Long-Term Thesis'

February 7, 2018 7:19 AM EST

Baird raised its price target on Archer Daniels Midland (NYSE: ADM) to $49.00 (from $47.00) while maintaining a Outperform rating.

Analyst Ben Kallo commented, "The conference call highlighted several levers for 2018 earnings growth including cost reductions, elimination of leakages, organic growth initiatives and tax reform. Additionally,... More

Archer Daniels Midland (ADM) Tops Q4 EPS by 12c

February 6, 2018 7:04 AM EST

Archer Daniels Midland (NYSE: ADM) reported Q4 EPS of $0.82, $0.12 better than the analyst estimate of $0.70. Revenue for the quarter came in at $16.07 billion versus the consensus estimate of $16.66 billion.

We ended 2017 with a solid fourth quarter. We pulled the levers under our controlincluding cost... More