earnings
confidence high
sentiment negative
materiality 0.75
Bunge Q3 adjusted EPS $2.29 vs $2.99 YoY; full-year guidance at least $9.25
Bunge Global SA
2024-Q3 EPS reported
$3.73
revenue$39,566,000,000
- Q3 GAAP diluted EPS $1.56 vs $2.47; adjusted EPS $2.29 vs $2.99 in prior year.
- Net income attributable to Bunge $221M, down from $373M YoY.
- Repurchased $200M of common shares in Q3; YTD total $600M.
- Adjusted full-year EPS outlook now expected to be at least $9.25.
- Agribusiness and Refined & Specialty Oils results down YoY due to global margin environment.