| Bunge misses 2Q profit forecasts | |
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WHITE PLAINS, N.Y. (AP) _ Bunge Ltd. (BG) on Thursday reported second-quarter earnings of $86 million.
The White Plains, New York-based company said it had profit of 50 cents per share. Earnings, adjusted for one-time gains and costs, came to 51 cents per share.
The results fell short of Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.43 per share.
The agribusiness and food company posted revenue of $10.78 billion in the period.
Bunge shares have declined nearly 6 percent since the beginning of the year. The stock has climbed 15 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BG at http://www.zacks.com/ap/BG
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Keywords: Bunge, Earnings Report
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Bunge is based in United states of america. Bunge is listed in United States of America. Its market capitalisation is US$ 13.5 billions as of today (€ 12.3 billions). Its stock quote reached its highest recent level on January 06, 2023 at US$ 99.95, and its lowest recent point on October 10, 2024 at US$ 96.06. Bunge has 140 400 000 shares outstanding. |