Chicago, Illinois-based Archer-Daniels-Midland Company (ADM) processes and merchandises agricultural commodities, ingredients, and solutions. Valued at $24.2 billion by market cap, the company engages in agricultural trade, structured finance, and the production of food and feed ingredients, offering oils, protein meals, sweeteners, starches, ethanol, and more.
The agribusiness giant is set to announce its fourth-quarter results before the market opens on Tuesday, Feb. 4. Ahead of the event, analysts expect ADM to report a non-GAAP profit of $1.07 per share, down a staggering 21.3% from $1.36 per share reported in the year-ago quarter. While the company beat or matched the consensus estimates twice in the last four quarters, it missed the forecasts on two other occasions.
