Recap: Bunge Q3 Earnings
Shares of Bunge (NYSE:BG) were flat in pre-market trading after the company reported Q3 results.
Quarterly Results
Earnings per share rose 75.18% over the past year to $2.47, which may not compare to the estimate of $0.19.
Revenue of $10,159,000,000 declined by 1.59% from the same period last year, which beat the estimate of $9,920,000,000.
Guidance
Bunge said it sees full-year adjusted EPS of $6.25-$6.75.
Conference Call Details
Date: Oct 28, 2020
Time: 08:00 AM
ET Webcast URL: https://services.choruscall.com/links/bg201028euMSmXhB.html
Technicals
Company's 52-week high was at $58.19
52-week low: $29.00
Price action over last quarter: Up 23.73%
Company Overview
Founded in 1818, Bunge is a global agribusiness and food company with operations along the farm-to-consumer food chain. The agribusiness segment generates roughly two thirds of profits and includes the largest oilseed processing capacity globally. The company is a leading oilseed processor and seller of packaged vegetable oils and other food and ingredients products.
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