Here are three stocks added to the Zacks Rank #24 (Strong Sell) List today:Albemarle Corporation (ALB) is an engineered specialty chemicals company. The Zacks Consensus Estimate for its current year earnings has been revised 106.1% downward over the last 60 days.Archer-Daniels-Midland Company (ADM) is an agricultural commodities and ingredients company. The Zacks Consensus Estimate for its current year earnings has been revised 5.7% downward over the last 60 days.Antero Resources Corporation (AR) is an inde ...

The agriculture giant is expecting weaker profitability for its recently completed third quarter, and cut its bottom-line guidance for 2024.Archer Daniels Midland (ADM -5.97%) -- also known as ADM -- had some news to report after the market closed Monday, and investors didn't find it comforting. They traded out of the stock assertively on Tuesday, bidding it down by about 6% through the close of the session. That did not compare well to the S&P 500 index's gain of more than 1% for the day.Preliminary result ...

Key TakeawaysArcher-Daniels-Midland said it will again restate results as it has discovered more concerns about its accounting practices. The company also canceled a conference call with analysts after releasing a preliminary third quarter earnings report that showed profit well below estimates.CEO Juan Luciano blamed softer than anticipated market conditions and the speed of ADM's improvement efforts. Shares in Archer-Daniels-Midland (ADM) sank as the maker of agricultural commodities canceled an earnings ...

Archer Daniels Midland Company (ADM) has been going through a tough phase for some time now. The company has been witnessing sluggishness across its Ag Services & Oilseeds (AS&O) unit for a while. In addition, lower pricing, foreign exchange headwinds and a challenging operating landscape have been acting as deterrents. ADM has announced preliminary results for the third quarter of 2024.More on ADM’s Preliminary ResultsManagement highlighted that the Nutrition business witnessed lower-than-expected results, ...

TORONTO, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Abaxx Technologies Inc. (CBOE CA:ABXX) (“Abaxx” or the “Company”), a financial software and market infrastructure company, majority shareholder of Abaxx Singapore Pte. Ltd., the owner of Abaxx Commodity Exchange and Clearinghouse (individually, “Abaxx Exchange” and “Abaxx Clearing”), and producer of the SmarterMarkets™ Podcast, today announced that the membership of ADM Investor Services Singapore Pte. Limited (“ADMIS Singapore”) with Abaxx Exchange and Abaxx Clear ...

Here are three stocks added to the Zacks Rank #24 (Strong Sell) List today:A. O. Smith Corporation (AOS) is a residential and commercial gas and electric water utility products company. The Zacks Consensus Estimate for its current year earnings has been revised 7.1% downward over the last 60 days.Arch Resources, Inc. (ARCH) is a producer and seller of metallurgical products. The Zacks Consensus Estimate for its current year earnings has been revised 38.5% downward over the last 60 days.Archer-Daniels-Midlan ...

The upcoming report from Archer Daniels Midland (ADM) is expected to reveal quarterly earnings of $1.30 per share, indicating a decline of 20.3% compared to the year-ago period. Analysts forecast revenues of $20.67 billion, representing a decrease of 4.7% year over year.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 6.4% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Prior ...

Archer Daniels Midland Company (ADM) is slated to report third-quarter 2024 results on Nov. 5, before market open. The company is likely to report bottom and top-line declines when it posts the quarterly results. Find the latest EPS estimates and surprises on Zacks Earnings Calendar. The Zacks Consensus Estimate for ADM's earnings is pegged at $1.32 per share, which indicates a decrease of 19% from the year-ago quarter's reported figure. The consensus mark has fallen 3.6% in the past seven days. For revenue ...

Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today: Alpha Metallurgical Resources (AMR) is a mining company with operations principally in Virginia and West Virginia. The Zacks Consesnsus Estimate for its current year earnings has been revised 32.1% downward over the last 60 days. Astronics (ATRO) is a manufacturer of specialized lighting and electronics for the cockpit, cabin and exteriors of military, commercial transport and private business jet aircraft. The Zacks Consensus Estima ...

Archer-Daniels-Midland Company (NYSE: ADM ) is a value proposition. I'm a value investor. It makes sense I should be taking a look at this stock right now. It is down over (20%) year to date, its CFO was fired over an accounting scandal concerning its NutritionMy experience stems from the hedge fund industry beginning in the mid-90's, working as a Portfolio Manager, Domestic Equity Analyst and Trader. I was the Portfolio Manager of a domestic Long/Short Equity product with gross assets that peaked over 1 Bi ...