This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Why Archer Daniels Midland (ADM) Stock Is Down Today

NEW YORK (TheStreet) -- Shares of Archer-Daniels-Midland Company (ADM - Get Report) are down -2.95% to $43.07 after the agribusiness company today reported financial results for the first quarter that were lower-than-expected as poor margins and harsh U.S. weather hurt its core grain-trading business, Reuters reports.

ADM said its grain trading business was stuck in a "low-margin environment" during the first quarter after weakness in the agricultural services unit contributed to a 27% loss in fourth-quarter earnings, Reuters noted.

The company reported net earnings of $267 million, or 40 cents per share, down from $269 million, or 41 cents, a year earlier.

Adjusted earnings were 55 cents per share, up from 46 cents a year ago. Analysts had expected 74 cents, according to Thomson Reuters I/B/E/S.

Must Read: Why Harman International Industries (HAR) Stock Is Up Today

Revenue was $20.7 billion, down from $21.7 billion a year earlier and below analysts' estimates for $22 billion.

 : Warren Buffett's 10 Favorite Growth Stocks

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

ADM Chart

ADM data by YCharts

STOCKS TO BUY: TheStreet's Stocks Under $10 has identified a handful of stocks that can potentially TRIPLE in the next 12-months.Learn more.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
ADM $36.70 0.58%
AAPL $117.29 -0.85%
FB $107.04 2.70%
GOOG $766.64 3.20%
TSLA $237.30 3.10%


Chart of I:DJI
DOW 17,888.35 +168.43 0.95%
S&P 500 2,102.63 +22.22 1.07%
NASDAQ 5,156.3060 +47.64 0.93%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs