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Archer Daniels cuts FY24 EPS view to $4.50-$5.00 from $5.25-$6.25
The Fly

Archer Daniels cuts FY24 EPS view to $4.50-$5.00 from $5.25-$6.25

Consensus $5.23. The Company is lowering its previously provided EPS guidance for the full year. ADM now expects adjusted earnings per share2 in the range of $4.50 to $5.00 for the full year 2024, based on trends in ADM’s performance to date, legislative and regulatory policy uncertainties, and ongoing headwinds from slower market demand and internal operational challenges.

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