NEW YORK (TheStreet) -- Archer Daniels Midland Co. (ADM) stock is down 6.20% to $32.27 in early morning trading on Tuesday after the company reported lower-than-expected 2015 fourth quarter earnings results.
Before the market open on Tuesday, the Chicago-based food processing company reported earnings of 61 cents per share, while analysts were expecting earnings of 65 cents per share.
Revenue of $16.4 billion missed analysts' estimates for revenue of $19.42 billion.
The company's agricultural services business was hurt by a strong dollar and low commodity prices, which limited grain movements and merchandising opportunities, Archer Daniels said in a statement.
Separately, TheStreet Ratings has set a "hold" rating and a score of C on Archer Daniels Midland stock. The primary factors that have impacted the rating are mixed - some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks.
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. However, as a counter to these strengths, TheStreet Ratings also finds weaknesses including deteriorating net income, poor profit margins and weak operating cash flow.
TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.
You can view the full analysis from the report here: ADMADM data by YCharts