Chicago-based Archer-Daniels-Midland Company (ADM) engages in the procurement, transportation, storage, processing, and merchandising of agricultural commodities, ingredients, flavors, and solutions. With a market cap of $26.6 billion, the company’s operations span the Americas, Europe, and internationally.
The farm products giant is expected to release its Q2 earnings on Tuesday, Jul. 29. Ahead of the event, analysts expect ADM to report a profit of $0.95 per share, down 7.8% from $1.03 per share reported in the year-ago quarter. The company has surpassed or matched the Street’s earnings projections thrice over the past four quarters while missing the estimates on one other occasion.
