Archer Daniels Midland (ADM) Q4 Earnings and Revenues Lag Estimates

Archer Daniels Midland (ADM) came out with quarterly earnings of $1.36 per share, missing the Zacks Consensus Estimate of $1.42 per share. This compares to earnings of $1.93 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -4.23%. A quarter ago, it was expected that this agribusiness giant would post earnings of $1.50 per share when it actually produced earnings of $1.63, delivering a surprise of 8.67%.Over the last four quarte ...