![]() ![]() Our proven model shows that Archer Daniels is likely to beat earnings estimates this quarter. The company also expects positive contributions from productivity and innovation initiatives across the company that will likely to drive value in 2023. It also expects Resilient food demand to drive higher volumes and margins in starches, sweeteners and wheat milling. ![]() On its last-reported quarter’s earnings call, management stated that it expects strong demand for vegetable oil & ethanol, driven largely by robust demand for biodiesel and renewable diesel. Nevertheless, Archer Daniels has been gaining from solid demand, improved productivity, product innovations and persistent growth. The decline will however be partially offset by Human Nutrition delivering similar year-over-year results on strong Flavors and SI growth. The company expects corporate cost for 2023 to be around $1.5 billion, driven primarily by inflation and higher interest expense.Īlso, the overall Nutrition results in first-quarter 2023 are expected to be lower than the prior-year quarter’s reported figure, due to lower Animal Nutrition results because of weaker margins in amino acids. It has also been reeling under the impacts of the pandemic and inflationary pressures. Archer Daniels Midland Company Price, Consensus and EPS SurpriseĪrcher Daniels Midland Company price-consensus-eps-surprise-chart | Archer Daniels Midland Company Quote Key Factors to NoteĪrcher Daniels has been exposed to headwinds, including higher performance-related compensation, project-related costs and shifting costs from business segments into the centralized centers of excellence in the supply chain and operations. ![]()
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