ADM slips as Q4 revenue drops even while processing more corn, oilseed [Seeking Alpha]
Archer-Daniels-Midland Company (ADM)
Last archer-daniels-midland company earnings: 4/29 04:05 pm
Check Earnings Report
US:NYSE Investor Relations:
adm.com/contact-us/investor-relations
Company Research
Source: Seeking Alpha
ADM slips as Q4 revenue drops even while processing more corn, oilseedArcher Daniels Midland (NYSE:ADM)-1.2% premarket after reporting better than expectedQ4 earnings but a2.6% decline in revenue even as it processed more corn and oilseed.ADM says Q4 total volume processed of oilseed and corn rose 4.8% Y/Y, but corn processing revenue fell 0.3% to $2.51B while adjusted profit rose 2.4% as sweeteners and starches helped results while lower ethanol margins cut into profit; oilseed processing revenue rose 2.7% to $5.42B while adjusted profit fell 15% as strong volumes and continued growth in demand were offset by weak margins.Recent media reports that ADM is in talks to acquire rival Bunge were not addressed in the earnings report.Click to subscribe to real-time analytics on ADMNow read:5%+ Dividend Yield Portfolio: The Rising Tide Raises My Boat (Jan 2018 Review) »
Show less
Read more
Impact Snapshot
Event Time:
ADM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ADM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ADM alerts
High impacting Archer-Daniels-Midland Company news events
Weekly update
A roundup of the hottest topics
ADM
News
- Brewer's Spent Yeast Market Projected to Reach $2.17 billion by 2030 - Exclusive Report by 360iResearch [Yahoo! Finance]Yahoo! Finance
- Innovafeed Expands to U.S.; French Agtech Firm Opens Insect Innovation Center in Decatur, Ill. [Yahoo! Finance]Yahoo! Finance
- Can Archer Daniels (ADM) Improve Despite Soft Nutrition Unit? [Yahoo! Finance]Yahoo! Finance
- Food Stabilizers (Blends & Systems) Global Strategic Business Report 2024: Rise in Veganism and Demand for Alternative Dairy Products Boosts Demand for Vegan Friendly Food Stabilizers [Yahoo! Finance]Yahoo! Finance
- Archer Daniels Midland (ADM) Stock Sinks As Market Gains: Here's Why [Yahoo! Finance]Yahoo! Finance
ADM
Earnings
- 3/12/24 - Miss
ADM
Sec Filings
- 4/10/24 - Form ARS
- 4/10/24 - Form DEFA14A
- 4/10/24 - Form DEF
- ADM's page on the SEC website