Overview
Bunge Q3 revenue beats analyst expectations, adjusted EPS also exceeds estimates
Company repurchased $545 mln of shares during the quarter
GAAP EPS from continuing operations decreased to $0.86 from $1.56 last year
Outlook
Bunge still expects full-year 2025 adjusted EPS between $7.30 and $7.60
Company anticipates 2025 net interest expense of $380 to $400 mln
Bunge projects 2025 capital expenditures between $1.6 bln and $1.7 bln
Result Drivers
SOYBEAN PROCESSING - Improved results driven by higher margins, strong execution, and Viterra's South American assets
SOFTSEED PROCESSING - Higher results due to increased margins and Viterra's assets and capabilities
EXPANDED FOOTPRINT - Increased production capacity and efficiency from Viterra transaction enhanced results
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$22.15 bln
$20.04 bln (6 Analysts)
Q3 Adjusted EPS
Beat
$2.27
$2.09 (6 Analysts)
Q3 Net Income
$166 mln
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the food processing peer group is "buy"
Wall Street's median 12-month price target for Bunge Global SA is $102.45, about 8.3% above its November 4 closing price of $93.90
The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 10 three months ago
Press Release: ID:nBwc0jfdPa
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)