Bunge Q2 revenue and adjusted EPS beat estimates, outlook raised

Bunge Global SA

29/07/2026 11:10

Overview
Agribusiness and food ingredients firm's Q2 revenue and adjusted EPS beat analyst expectations
Company completed $250 mln share repurchase tied to Viterra transaction
Raised full-year adjusted EPS outlook to $9.25-$9.75 from $9.00-$9.50

Outlook
Bunge raises 2026 adjusted EPS outlook to $9.25-$9.75 from $9.00-$9.50
Company expects higher results for Soybean and Softseed Processing and Refining in 2026
Bunge sees 2026 net interest expense at $620-$660 mln and capital expenditures at $1.5-$1.7 bln

Result Drivers
SOYBEAN PROCESSING - Higher results driven by strong processing performance in North and South America, with increased volumes and improved capacity, per company
SOFTSEED PROCESSING - Improved performance across all regions due to favorable market environment and expanded production capacity, especially in Argentina, Canada, and Europe, according to company
EXPANDED ORIGINATION FOOTPRINT - Higher merchandised volumes in soybeans and softseeds attributed to expanded global origination footprint following Viterra integration, per company

Company press release: ID:nBw8kzxJ5a

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$24.04 bln
$22.82 bln (5 Analysts)
Q2 Adjusted EPS
Beat
$2
$1.95 (8 Analysts)
Q2 EPS
 
$3.47
 
Q2 Net Income
 
$678 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy", 1 "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 $142.50, about 21.4% above its July 28 closing price of $117.37
The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 15 three months ago

Reuters Recommended Reads
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July 28 - Coca-Cola hails World Cup hydration breaks as it lifts annual forecasts

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@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.)