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 PerformanceThere is a near 40% miss in the Nutrition segment during 3Q, which may be viewed as a rebase, impacting future restatements.