NEW YORK (TheStreet) -- Shares of Archer Daniels Midland (ADM - Get Report) are up by 0.90% to $40.30 in early afternoon trading on Monday, as the company prepares to release its latest financial report.
The food processing company will announce the results from its 2016 first quarter before the market open on Tuesday morning.
Although the stock is up today, it could dip tomorrow as analysts are expecting a year over year decline in the company's earnings per share and revenue results for the three month period ended in March.
Analysts surveyed by Thomson Reuters have forecast that Archer Daniels will post earnings of 45 cents per share on revenue of $17.02 billion for the 2016 first quarter.
Last year, Archer Daniels reported adjusted earnings of 77 cents per share on revenue of $17.5 billion for the 2015 first quarter.
Archer Daniels Midland is a Decatur, IL-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 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 attractive valuation levels, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, TheStreet Ratings also finds weaknesses including disappointing return on equity, poor profit margins and a generally disappointing performance in the stock itself.
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: ADM