Bunge gains on higher 2026 outlook, Q1 beat

Bunge Global SA

29/04/2026 12:22

** Shares of grain trader Bunge Global BG.N up ~2% at $128.81 premarket

** Co forecasts 2026 adjusted profit per share in the range of $9.00 to $9.50, the midpoint of which is above analysts' estimate of $8.41, per data compiled by LSEG

** BG also beat Q1 profit estimates as it benefitted from a recovery in processing margins

** Posts Q1 adjusted profit of $1.83 per share vs analysts' estimate of 87 cents per share

** CEO Greg Heckman says, "looking ahead, visibility remains limited given ongoing macroeconomic conditions"

** As of last close, BG up 41.85% YTD

 (Reporting by Sumit Saha in Bengaluru)

 ((Sumit.Saha@thomsonreuters.com;))