Archer-Daniels-Midland Analysts Increase Their Forecasts Following Strong Q2 Results
Archer-Daniels-Midland Co. (NYSE: ADM ) on Tuesday reported upbeat second-quarter results and raised its full-year earnings outlook. Adjusted earnings were $1.84 per share, beating the consensus estimate of $1.44. Revenue increased to $22.7 billion, ahead of analysts’ expectations of $21.8 billion. ADM raised its fisca