Archer Daniels Midland To Report 30% Growth?

Shares of Archer Daniels Midland Company ADM are surging after lunch on Monday, in anticipation of Tuesday’s earnings call. The food processing company will report its first quarter financial results before the market opens on Tuesday.

According to Estimize, both the Street and the crowd expect to see roughly 30 percent EPS growth year-over-year. In the first quarter of 2014, Archer Daniels Midland reported earnings of $.055 per share on revenue of $20.696 billion. For the first quarter of 2015, Wall Street analysts anticipate earnings of $0.71 per share on revenue of $20.45 billion, while Main Street projects earnings of $0.72 per share on revenue of $20.98 billion.

So, while the company is expected to deliver substantial earnings growth, revenue is predicted to come in pretty much flat, year-over-year.

The chart above shows Archer Daniels Midland’s history of actual earnings versus consensus estimates.

Another graph allows users to check out how estimates have changed over time. As evidenced above, Wall Street has become increasingly bearish on the company’s results.