Archer Daniels Midland (ADM) Q2 Earnings and Revenues Miss Estimates

Archer Daniels Midland (ADM) came out with quarterly earnings of $1.03 per share, missing the Zacks Consensus Estimate of$ 1.23 per share. This compares to earnings of $1.89 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -16.26%. A quarter ago, it was expected that this agribusiness giant would post earnings of$ 1.35 per share when it actually produced earnings of $1.46, delivering a surprise of 8.15%.Over the last four quart ...