Archer Daniels Midland (ADM) Stock: Why It Increased Today

By Amit Chowdhry ● Jul 26, 2022
  • The stock price of Archer Daniels Midland (ADM) increased by over 6% during intraday trading. This is why.

The stock price of Archer Daniels Midland (ADM) increased by over 6% during intraday trading. Investors are responding positively to the company’s second-quarter results.

Archer Daniels Midland reported a Q2 EPS of $2.15, which was $0.43 higher than analyst estimates of $1.72. And the revenue for the quarter was $27.28 billion compared to the consensus estimate of $25.08 billion.

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.