Archer Daniels Midland (NYSE:ADM) Sees Profits Soar

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Archer Daniels Midland (NYSE:ADM) has reported an increase of 37% in their Q3 profit. Archer Daniels Midland (NYSE:ADM) Sees Profits Soar Archer Daniels Midland (NYSE:ADM), the agricultural and food processing conglomerate headquartered in Decatur, Illinois, has reported a growth of 37% in its third-quarter profit. A healthy demand for corn processing and oilseed and agricultural services helped Archer Daniels Midland (NYSE:ADM) with this progress. The revenue of Archer Daniels Midland (NYSE:ADM) reached $20.08 billion, which surpassed Wall Street expectations of $16.88 billion. Archer Daniels Midland (NYSE:ADM) shares were at 34.51 at the end of the last day’s trading. There’s been a 13.3% change in the stock price over the past 3 months. Archer Daniels Midland (NYSE:ADM) Analyst Advice Consensus Opinion: Moderate Buy Mean recommendation: 1.75 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.82 Zack’s Rank: 4 out of 10 in the industry