ADM (ADM) Stock: Why The Price Increased Over 2%

By Amit Chowdhry ● Apr 26, 2022
  • The stock price of Archer Daniels Midland (NYSE: ADM) increased by over 2% during intraday trading today. This is why.

The stock price of Archer Daniels Midland (NYSE: ADM) increased by over 2% during intraday trading today. Investors are responding positively to the company’s first-quarter results.

ADM reported a Q1 EPS of $1.90, which was $0.50 better than analyst estimates of $1.40. And the revenue for the quarter was $23.65 billion compared to the consensus estimate of $20.61 billion.

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