earnings
confidence high
sentiment positive
materiality 0.80
Bunge Q2 adjusted EPS $2.00 beats $1.31; raises FY outlook to $9.25-$9.75
Bunge Global SA
- Q2 GAAP diluted EPS $3.47 vs $2.61 prior year; adjusted EPS $2.00 vs $1.31.
- Net income attributable to Bunge $678M, up from $354M; Segment EBIT $1,226M.
- Repurchased ~$250M shares, completing $2B Viterra-related buyback program.
- Full-year adjusted EPS outlook raised to $9.25-$9.75 from $9.00-$9.50.
- Strong results in Soybean/Softseed Processing and Refining segments.