earnings
confidence high
sentiment neutral
materiality 0.70
Bunge Q1 GAAP EPS $1.68 down 59% YoY; adj EPS $3.04; maintains FY ~$9 outlook
Bunge Global SA
2024-Q1 EPS reported
$1.68
revenue$13,417,000,000
- Q1 GAAP diluted EPS $1.68 vs $4.15 prior year; net income $244M down from $632M.
- Adjusted diluted EPS $3.04 vs $3.26; adjusted total segment EBIT $676M vs $695M.
- Repurchased $400 million of shares during the quarter.
- Maintained adjusted full-year EPS outlook of approximately $9.00.
- Progress on Viterra integration planning and other growth initiatives.