Corporate GovernanceImmediate placement of CFO Vikram Luthar on administrative leave amid an investigation into accounting practices, creating uncertainty about the company's financial reporting integrity.
EarningsADM's 4Q23 EPS of $1.36 fell short of consensus by $0.07, signaling potential difficulties in achieving market expectations in future quarters.
Financial PerformanceLower 2024E EPS and a reduced P/E multiple of 12x vs 13.5x previously, reflecting analysts' concerns over the company's financial outlook.