Archer Daniels (ADM) Q1 Earnings Miss Estimates, Down Y/Y
Zacks Investment Research | Apr 26, 2019 02:02AM ET
Archer Daniels Midland Company (NYSE:ADM) reported disappointing first-quarter 2019 results, wherein earnings missed the Zacks Consensus Estimate for the second straight quarter and also declined year over year.
Adjusted earnings of 46 cents per share decreased 32.4% from the year-ago quarter and lagged the consensus mark of 62 cents. On a reported basis, the company’s earnings came in at 41 cents per share, down from 70 cents earned in the prior-year quarter.
Archer Daniels Midland Company Price, Consensus and EPS Surprise
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