Analysts are expecting that the food processing company will post a year over year decline in both earnings per share and revenue for the most recent quarter.
The company has been forecast to report earnings of 70 cents per share on revenue of $17.77 billion for the September ended period.
Archer Daniels' Midland's adjusted earnings came in at 81 cents per share on revenue of $18.12 billion for the 2014 third quarter.
The company's stock is down by 0.28% to $45.53 in mid-morning trading on Monday.
Archer Daniels' Midland is a Chicago-based processor of oilseeds, corn, wheat, cocoa, and other agricultural commodities. The company also manufactures protein meal, vegetable oil, corn sweeteners, flour, biodiesel, ethanol, and other value-added food and feed ingredients.
Separately, TheStreet Ratings team rates ARCHER-DANIELS-MIDLAND CO as a Buy with a ratings score of B+. TheStreet Ratings Team has this to say about their recommendation:
We rate ARCHER-DANIELS-MIDLAND CO (ADM) a BUY. This is driven by several positive factors, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel its strengths outweigh the fact that the company has had sub par growth in net income.
Highlights from the analysis by TheStreet Ratings Team goes as follows:
- The current debt-to-equity ratio, 0.37, is low and is below the industry average, implying that there has been successful management of debt levels. Although the company had a strong debt-to-equity ratio, its quick ratio of 0.77 is somewhat weak and could be cause for future problems.
- ADM, with its decline in revenue, underperformed when compared the industry average of 9.3%. Since the same quarter one year prior, revenues fell by 20.0%. Weakness in the company's revenue seems to have hurt the bottom line, decreasing earnings per share.
- The return on equity has improved slightly when compared to the same quarter one year prior. This can be construed as a modest strength in the organization. When compared to other companies in the Food Products industry and the overall market, ARCHER-DANIELS-MIDLAND CO's return on equity is below that of both the industry average and the S&P 500.
- ARCHER-DANIELS-MIDLAND CO's earnings per share declined by 23.4% in the most recent quarter compared to the same quarter a year ago. This company has reported somewhat volatile earnings recently. We feel it is likely to report a decline in earnings in the coming year. During the past fiscal year, ARCHER-DANIELS-MIDLAND CO increased its bottom line by earning $3.43 versus $2.03 in the prior year. For the next year, the market is expecting a contraction of 11.4% in earnings ($3.04 versus $3.43).
- You can view the full analysis from the report here: ADM