Filed under: Earnings reports, Archer-Daniels-Midland (ADM), Wendy’s Intl (WEN)

Agri-giant Archer Daniels Midland Co. (NYSE: ADM) and number three burger chain Wendy’s International Inc. (NYSE: WEN) are scheduled to report earnings tomorrow morning. Here’s a quick peek at them ahead of results.

ADM failed to beat earnings expectations in only two of the past eight quarters. When it reported fiscal 2008 first-quarter results back in November, its earnings per share of 71 cents easily beat the 59 cents consensus forecast of analysts polled by Thomson Financial. Earnings were 59 cents per share in the previous quarter, and 61 cents in the first quarter of 2007. For the current quarter, analysts expect earnings of 74 cents per share.

ADM’s 33.4% earnings per share growth forecast for the next three to five years is more than the industry average and the S&P 500. The analysts’ consensus recommendation is to buy ADM. Shares have recently climbed toward the 52-week high of $47.33 from back in December, and closed Friday at $45.50.

For Jim Cramer’s take and other news that could influence the earnings results, see BloggingStocks’ ADM coverage.

Continue reading Earnings previews: ADM and Wendy’s

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This entry was posted on Monday, February 4th, 2008 at 2:25 am and is filed under Stocks Money News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.