|
By Chip Brian, SmarTrend Analytics Team
11/3/2009-Archer Daniels Midland (NYSE:ADM) reported Q3 EPS of 77 cents, topping consensus estimates of 56 cents.
Revenues in the quarter fell 29% year-over-year to $14.92 billion, and came in short of consensus estimates of $17.22 billion.
Chairman of the Board and Chief Executive Officer Patricia Woertz said,
"Looking ahead, we see demand improving in some key markets, and we have the assets and acumen to capture value as the global economy resets."
Contact Chip Brian
SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.TradeTheTrend.com. Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at www.TradeTheTrend.com/signup.html | 
Twitter