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Stay Ahead of the Game With ADM (ADM) Q1 Earnings: Wall Street's Insights on Key Metrics
ADMADM(US:ADM) Zacks Investment Researchยท2024-04-26 14:21

Core Viewpoint - Archer Daniels Midland (ADM) is expected to report a significant decline in quarterly earnings and revenues, with analysts predicting earnings of $1.35 per share, a 35.4% decrease year-over-year, and revenues of $22.4 billion, down 7% from the previous year [1] Revenue and Earnings Estimates - The consensus EPS estimate has been revised down by 2.7% in the last 30 days, indicating a reassessment by analysts [1] - Analysts forecast 'Revenues- Other' at $104.39 million, reflecting a year-over-year increase of 1.4% [2] - 'Revenues- Carbohydrate Solutions' is expected to reach $3.15 billion, showing a decline of 10.9% year-over-year [2] - 'Revenues- Total Ag Services and Oilseeds' is projected at $17.13 billion, indicating a decrease of 7.8% year-over-year [2] Sales to External Customers - 'Sales to external customers- Ag Services and Oilseeds- Crushing' is estimated at $3.23 billion, down 12.3% year-over-year [3] - 'Sales to external customers- Ag Services and Oilseeds- Refined Products and Other' is expected to be $2.92 billion, reflecting an 8.7% decline [3] - 'Sales to external customers- Carbohydrate Solutions- Starches and Sweeteners' is projected at $2.44 billion, indicating a decrease of 10.8% year-over-year [3] - 'Sales to external customers- Nutrition- Human Nutrition' is estimated at $932.21 million, showing a slight decline of 0.4% [3] - 'Sales to external customers- Carbohydrate Solutions- Vantage Corn Processors' is expected to reach $713.54 million, down 10.8% year-over-year [3] Processed Volumes - 'Revenues- Total Nutrition' is projected at $1.83 billion, indicating a year-over-year change of -1.1% [4] - 'Processed volumes - Oilseeds' are estimated at 8,825.02 Kmt, compared to 8,627 Kmt in the same quarter last year [4] - 'Total processed volumes' are expected to reach 13,161.86 Kmt, up from 13,021 Kmt reported in the same quarter last year [4] - 'Processed volumes - Corn' are projected at 4,414.62 Kmt, slightly up from 4,394 Kmt in the same quarter last year [4] Stock Performance - ADM shares have decreased by 2.9% over the past month, compared to a 3.2% decline in the Zacks S&P 500 composite [5] - ADM holds a Zacks Rank 3 (Hold), indicating it is expected to closely follow overall market performance in the near term [5]