Archer Daniels Midland (ADM) is seeing a surge in earnings estimates, with analysts increasingly optimistic about the agribusiness giant's prospects. The company currently holds a Zacks Rank #1 (Strong Buy), reflecting strong upward revisions. For the current quarter, ADM is expected to earn $1.53 per share, a 66.3% increase from the year-ago period, and the consensus estimate has risen 14.23% over the past 30 days. For the full year, earnings are projected at $5.22 per share, up 52.2%, with the consensus estimate climbing 14.78% in the past month. ADM shares have gained 5.9% over the past four weeks, and the positive estimate revisions suggest further upside potential.
Archer-Daniels-Midland CompanyAnalysts raise earnings estimates, boosting outlook for ADM.
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