UPDATE: Archer Daniels Midland Posts Drop In Q4 Profit

by Benzinga Staff
February 4, 2014 7:23 AM | 23 seconds read | Make a Comment

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Archer Daniels Midland Co (NYSE: ADM) reported a drop in its fourth-quarter profit. Archer Daniels Midland's quarterly profit declined to $374 million, or $0.56 per share, versus a year-ago profit of $510 million, or $0.77 per share. Its adjusted earnings came in at $0.95 per share. Its net sales fell to $24.14 billion versus $24.92 billion. However, analysts were expecting earnings of $0.85 per share on sales of $25.34 billion.Archer Daniels Midland shares closed at $38.91 yesterday.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.

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