Archer Daniels Midland Earnings Preview: Get Ahead of the Analysts
Archer Daniels Midland (NYSE:ADM) will report earnings before markets open on Tuesday, April 30th. Archer-Daniels-Midland Company procures, transports, stores, processes, and merchandises agricultural commodities and products. The Company processes oilseeds, corn, milo, oats, barley, peanuts, and wheat. Archer-Daniels-Midland also processes produce products which have primarily two end uses including food or feed ingredients.
Here is your Cheat Sheet to Archer Daniels Midland Earnings:
Earnings Expectations: Analysts expect earnings of $0.54 per share on revenues of $21.33 billion. Currently, the company’s P/E ratio stands at 15.64.
Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.58 to a profit $0.48. For the current year, the average estimate is a profit of $2.47, which is worse than the estimate ninety days ago.
Here’s how Archer Daniels Midland has been performing on an annual basis:
|Revenue ($) in millions||69,820||69,210||61,680||80,680||89,040|
|Diluted EPS ($)||2.79||2.62||3.00||3.13||1.84|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||23,310||21,160||22,680||21,810||24,920|
|Diluted EPS ($)||0.12||0.60||0.4303||0.28||0.7716|
Archer Daniels Midland has beat analyst estimates 3 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.
“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!
(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)