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Archer Daniels Midland Earnings Preview
Published on Monday, 30 January 2012 11:08 Written by Christopher Lynn
New York, January 30th (TradersHuddle.com) - Shares of Archer Daniels Midland Company (NYSE:ADM) are trading lower by -1.03% ahead of its
quarterly earnings release. Archer Daniels Midland , the agricultural products processor is expected to release its quarterly results on January 31st.
Wall Street Analysts consensus calls for a profit of $0.77 a share on $23.1 billion revenue.
Archer Daniels Midland estimates have a range of $0.26 a share. The high estimate calls for profit of $0.95 a share and the low estimate is calling for a profit of $0.69 a share, a year ago for the quarter the company reported $1.06 a share.
Archer Daniels Midland Company (NYSE:ADM) procures, transports, stores, processes, and merchandises agricultural commodities and products. The Company processes oilseeds, corn, milo, oats, barley, peanuts, and wheat.
Other companies on the watch on this earnings event are Bunge Ltd. NYSE:BG and Corn Products International, Inc. NYSE:CPO.
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