Archer Daniels Midland Company (ADM) is set to invest approximately $300 million to expand its alternative protein production capabilities, reinforcing its growth in the Nutrition segment. As the company prepares to report its first-quarter 2022 results, analysts project earnings per share of $1.33, a decline from the previous year, but ADM has maintained a strong performance, consistently exceeding Zacks Consensus Estimates. With shares up 50.2% and a Zacks Rank of #1 (Strong Buy), ADM is poised for over 15% growth in operating profit this year, despite facing some cost pressures.
“Archer Daniels Midland · has · Zacks Rank · #1”
“Archer Daniels Midland · witnessed · Zacks Consensus Estimate for its current year earnings · increasing 4.7% over the last 60 days”
“Archer Daniels Midland · shares gained · percentage · 43.9%”
“Archer Daniels Midland Company · is incorporated in · Delaware · 1923”
“Archer Daniels Midland Company · is a successor to · Daniels Linseed Co.”
“Archer Daniels Midland Company · was founded in · Illinois · 1902”
“Archer Daniels Midland Company · should be on investors' short lists because of · its impressive growth fundamentals”
“Archer Daniels Midland Company · is slated to report · first-quarter 2022 results · Apr 26, before market open”
“Archer Daniels Midland (ADM) · is expected to post quarterly earnings · of $1.33 per share · year-over-year change of -4.3%”
“For ADM · the Most Accurate Estimate is · lower than the Zacks Consensus Estimate · Earnings ESP of -0.53%”
“It · was expected that ADM would post earnings · of $1.36 per share · when it actually produced $1.50”
“Archer Daniels Midland Company · has increased · shares · 50.2%”