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INX:ADM, Feb 22, 03:14 UTC

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Tuesday, February 05


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Archer Daniels (ADM) Q4 Earnings and Revenues Miss Estimates

ADM

Archer Daniels Midland Company ADM reported lower-than-expected results in fourth-quarter 2018, wherein the bottom line delivered a negative earnings surprise after four straight beats along with second consecutive top-line miss.A glimpse of this Zacks Rank #1 (Strong Buy) stock’s price trend reveals that it has outperformed the industry in a year’s time. Transportation results were driven by higher freight rates, mitigated with elevated operating expenses.At the Nutrition segment, adjusted operating profit decreased 15.1% to $62 million as robust WFSI results were offset by dismal performance at Animal Nutrition. Also, lower margins and sales in EMEA as well as elevated costs in North American liquid sweeteners negatively impacted the results. However, North American volumes in Starches and Sweeteners were robust.FinancialsArcher Daniels ended the quarter with cash and cash equivalents of $1,997 million, long-term debt including current maturities of $8,280 million and shareholders’ equity of $18,996 million.In 2018, the company generated negative cash flows of $4,784 million from operating activities. However, the company’s trailing four-quarter adjusted ROIC came in at 8.3%, 200 basis points above the annual WACC.Additionally, the company repurchased shares worth $77 million and paid dividends of $758 million to its shareholders in 2018. It currently carries a Zacks Rank #2 (Buy).Nomad Foods Limited NOMD has an impressive long-term earnings growth rate of 11% and a Zacks Rank #2.Zacks' Top 10 Stocks for 2019In addition to the stocks discussed above, would you like to know about our 10 finest buy-and-holds for the year?Who wouldn't?

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Archer Daniels 4th-qtr profit misses estimates amid trade war woes

ADM

Feb 5 (Reuters) - U.S. grains trader Archer Daniels Midland Co on Tuesday reported fourth-quarter earnings that fell short of estimates as three of its four key business groups reported results below the same period a year earlier. Adjusted operating profit in ADM's origination business, which includes grain trading, fell nearly 30 percent to $183 million in the quarter, despite higher volumes of North American corn and soybean exports to markets outside of China. An anti-dumping probe by Beijing, which halted trade between the world's biggest buyer and seller of the grain early last year, was among the first trade fights between the United States and China, which are still embroiled in a trade war. "Current-quarter results were driven by an intra-company insurance settlement relating to sorghum shipments in early 2018, as well as other underwriting losses," ADM said in its earnings report.

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Archer Daniels Midland Wilts on Earnings Miss

ADM

dropped more than 3% in premarket trading on Tuesday after the food and energy processing giant reported fourth-quarter earnings shy of analysts' forecasts. The Chicago-based company reported net income of $315 million, or 55 cents a share, down from $788 million, or $1.39 a share, in the comparable year-earlier period. Archer Daniels Midland shares fell as much as 3.6% in premarket trading on the New York Stock Exchange.

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Archer Daniels Midland profit misses estimates

ADM

(Reuters) - U.S. grains trader Archer Daniels Midland Co on Tuesday missed Wall Street estimates for quarterly profit, hurt by higher expenses and lower margins in its origination business. The crop trader has been facing a slump in commodity prices due to a global soy and corn surplus and the U.S.-China trade dispute. The company has four different business units that include origination, carbohydrate solutions, nutrition and oilseeds. Net earnings attributable to ADM fell to $315 million, or 55 cents per share, in the three months ended Dec. 31, from $788 million, or $1.39 per share, a year earlier, when the company recorded $249 million in tax gains.

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Archer Daniels Midland (INX:ADM) social chatter is higher than usual

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Archer Daniels Midland shares slide after earnings and revenue miss

ADM

Archer Daniels Midland Co. shares fell 3.4% in Tuesday premarket trading after the food maker missed fourth-quarter earnings and revenue expectations. The company reported net income $315 million, or 55 cents per share, down from $788 million, or $1.39 per share, last year. Adjusted EPS of 88 cents missed the 92-cents FactSet consensus. Revenue totaled $15.9 billion, down from $16.1 billion and below the $16.8 billion FactSet estimate. Archer Daniels shares have gained 9.6% over the past year while the S&P 500 index is up nearly 3% for the period.

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ADM Reports Fourth Quarter Earnings of $0.55 per Share, $0.88 per Share on an Adjusted Basis

ADM

“Our team executed well, delivering strong year-over-year profit growth in the fourth quarter,” said Chairman and CEO Juan Luciano. Our effective management through complicated and rapidly changing trade, geopolitical and market conditions helped deliver an impressively strong 2018 that included solid profit growth, improved returns on invested capital and higher cash flows. Adjusted EPS, which excludes these items, was $0.88.1. Merchandising and Handling results were lower than the prior-year period, which included significant insurance settlements and other income. North American results benefited from wheat basis gains due to strong carries, as well as solid execution that drove improvements in export margins and comparable year-over-year export volumes, despite the extremely small volume of U.S. soybean exports to China. North American exports of corn, and soybeans to markets outside of China, were higher.

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$0.92 EPS Expected for Archer Daniels Midland Co (ADM) This Quarter – PressOracle

ADM

Two analysts have made estimates for Archer Daniels Midland’s earnings, with the lowest EPS estimate coming in at $0.87 and the highest estimate coming in at $0.96. According to Zacks, analysts expect that Archer Daniels Midland will report full year earnings of $3.56 per share for the current year, with EPS estimates ranging from $3.48 to $3.62. For the next financial year, analysts anticipate that the business will report earnings of $3.62 per share, with EPS estimates ranging from $3.57 to $3.67. Archer Daniels Midland had a return on equity of 10.45% and a net margin of 3.54%. Zacks Investment Research upgraded Archer Daniels Midland from a “hold” rating to a “strong-buy” rating and set a $48.00 target price on the stock in a research note on Tuesday, January 8th.

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Archer Daniels Midland quarterly profit slumps 60 percent

ADM

Archer Daniels Midland quarterly profit slumps 60 percent. ReutersFebruary 5, 2019, 12:15 PM GMT. (Reuters) - U.S. grains merchant Archer Daniels Midland Co on Tuesday reported a 60 percent slump in fourth-quarter profit compared with the same period a year earlier when it recorded a tax gain. Net earnings attributable to ADM fell to $315 million, or 55 cents per share, in the three months ended Dec. 31, from $788 million, or $1.39 per share, a year earlier, when the company recorded $249 million in tax gains. Revenue fell to $15.95 billion from $16.07 billion. What to read next.

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Monday, February 04


News

Global Dairy Alternatives Market Outlook to 2025 - Dominated by The Whitewave Foods Company, The Hain Celestial Group, Archer Daniels Midland Company, and Blue Diamond Growers - ResearchAndMarkets.com

ADM

DUBLIN--(BUSINESS WIRE)--The "Global Dairy Alternatives Market (By Products - Soy Milk, Almond Milk & Rice Milk; By Application - Food & Beverage; By Region - North America, Asia Pacific & Europe) Market Outlook 2025" report has been added to ResearchAndMarkets.com's offering. Dairy alternatives are broadly classified into five categories - cereal based, legume-based, nut-based, seed based and pseudocereal based. The growth of the global dairy alternative market is fuelled by rising incidences of lactose intolerance, nutritional benefits of dairy alternatives, growing beverage industry, and increasing disposable income. However, the market faces several challenges due to the high price of products, regulatory hurdle, and issues related to product contamination. Future forecasts of dairy alternative market overall and across various sub-segments till 2025 is provided in the report.

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