Accounting IssuesOngoing investigations into accounting errors could create an overhang, affecting the outlook for the Nutrition segment's earnings power.
Earnings GuidanceADM lowered 2024 EPS guidance to $4.50-5.00, including a benefit from insurance proceeds.
Market ConditionsThe market remains challenged across all core segments for ADM, with additional downside overhang due to slow Nutrition recovery, plant downtimes, and volatile soybean crush.