| Bunge misses Street 3Q forecasts | |
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WHITE PLAINS, N.Y. (AP) _ Bunge Ltd. (BG) on Thursday reported earnings of $294 million in its third quarter.
The White Plains, New York-based company said it had profit of $1.90 per share. Earnings, adjusted for non-recurring gains and to account for discontinued operations, were $1.31 per share.
The results missed Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.88 per share.
The agribusiness and food company posted revenue of $13.68 billion in the period, also missing Street forecasts. Analysts expected $15.57 billion, according to Zacks.
Bunge shares have increased 3.5 percent since the beginning of the year. The stock has increased slightly more than 2 percent in the last 12 months.
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This story was generated by Automated Insights using data from Zacks Investment Research. BG stock research report from Zacks.
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Keywords:Bunge,Earnings Report
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Bunge is based in United states of america. Bunge is listed in United States of America. Its market capitalisation is US$ 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. |