Bunge Global Q1 Net Income Declines
Bunge Global SA (BG) reported that its first quarter net income attributable to Bunge declined to $244 million from $632 million, last year. Net income per share was $1.68 compared to $4.15. Adjusted net income per share declined to $3.04 from $3.26. On average, 11 analysts polled by Thomson Reuters expected the company to report profit per share of $2.53, for the quarter. Analysts’ estimates typically exclude special items.
First quarter net sales were $13.42 billion compared to $15.33 billion, a year ago. Analysts on average had estimated $13.96 billion in revenue.
The company maintained adjusted full-year EPS outlook of approximately $9.00. Analysts expect the company to report profit per share of $9.39.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.
Read also
Ukrainian corn exports exceed 1.9 mln tons
Soy supply disruptions hit the EU amid EUDR uncertainty
Egypt establishes silo project to expand wheat storage capacity
October rains improve winter crop conditions even in Ukraine’s driest regions
Spread between sunflower and palm oil reaches $270 per tonne
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon