ADM Stock Underperforms as Business Outlook Darkens Ahead of Expected Earnings Declines
• Archer Daniels Midland (ADM) stock fell 1.89% amid a market uptick, underperforming the S&P 500, Dow, and Nasdaq • Shares have dropped 20.89% over the past month, lagging sector and broader market gains • Upcoming earnings projected to show 24.87% EPS drop year-over-year and 9.85% revenue decline • Analyst estimate revisions for ADM have trended 8.21% lower recently, signaling business outlook concerns • ADM stock rated as a Zacks Rank #4 (Sell) currently, placing in the bottom 18% of Zacks Industry Rank