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Bunge Q4 Adj. EPS Tops Estimates; Guides FY23 Below Estimates

RTTNews | 929 gün önce

Bunge Q4 Adj. EPS Tops Estimates; Guides FY23 Below Estimates

(RTTNews) - Bunge Ltd. (BG) reported Wednesday that net income attributable to the company for the fourth quarter increased to $336 million or $2.21 per share from $231 million or $1.52 per share in the prior-year quarter.

Excluding items, adjusted net income for the quarter was $3.24 per share, compared to $3.49 per share in the year-ago quarter.

On average, 10 analysts polled by Thomson Reuters expected the company to report earnings of $3.22 per share for the quarter. Analysts' estimates typically exclude special items.

Net sales for the quarter edged down to $16.66 billion from $16.68 billion in the same quarter last year. Analysts expected revenues of $18.22 billion for the quarter.

Looking ahead to fiscal 2023, the company now projects adjusted earnings of at least $11.00 per share. The Street is looking for earnings of $12.00 per share for the year.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

Etiketler: BG

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Bunge To Sell 50% Stake In BP Bunge Bioenergia JV In Brazil To BP

Bunge To Sell 50% Stake In BP Bunge Bioenergia JV In Brazil To BP

Bunge Global SA (BG) on Thursday entered into definitive agreements to sell its 50% share in BP Bunge Bioenergia to British energy major BP plc (BP.L, BP_UN.TO, BP), its joint venture partner.

RTTNews | 431 gün önce

Bunge Q4 Adj. EPS Tops Estimates; Guides FY24 Below Estimates

Bunge Q4 Adj. EPS Tops Estimates; Guides FY24 Below Estimates

Bunge Ltd. (BG) reported Wednesday that net income attributable to the company for the fourth quarter surged to $616 million or $4.18 per share from $336 million or $2.21per share in the prior-year quarter.

RTTNews | 565 gün önce

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Canadian shares may open on a weak note Monday morning, tracking lower metal prices and European stocks. However, energy stocks may find support on higher oil prices, and help limit market's downside.

RTTNews | 25 dakika önce

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RTTNews | 1s 11 dakika önce

German Ifo Business Confidence Strongest Since 2024

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RTTNews | 1s 13 dakika önce

CAC 40 Down Nearly 0.6% In Cautious Trade

CAC 40 Down Nearly 0.6% In Cautious Trade

French stocks remain in negative territory on Monday, with investors mostly making cautious moves, looking for some more clarity on U.S. - EU trade deal, and awaiting crucial inflation data from the region.

RTTNews | 1s 48 dakika önce

DAX Modestly Lower As Investors Wait For Directional Clues

DAX Modestly Lower As Investors Wait For Directional Clues

The German market is languishing in negative territory after a weak start on Monday as investors remain a bit reluctant to pick up stocks, choosing to wait for crucial inflation data from several major countries in Europe.

RTTNews | 2s 21 dakika önce

Sensex, Nifty End Higher As IT Stocks Surge On Dovish Fed Boost

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Indian shares ended modestly higher on Monday, with IT stocks leading the surge following dovish remarks from U.S. Federal Reserve Chair Jerome Powell.

RTTNews | 2s 38 dakika önce

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