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WHITE PLAINS, N.Y. (AP) _ Bunge Ltd. (BG) on Thursday reported fourth-quarter profit of $90 million.
The White Plains, New York-based company said it had profit of 56 cents per share. Earnings, adjusted for non-recurring costs and to account for discontinued operations, came to $1.20 per share.
The results missed Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $2.51 per share.
The agribusiness and food company posted revenue of $13.9 billion in the period, which also missed Street forecasts. Analysts expected $15.94 billion, according to Zacks.
For the year, the company reported profit of $659 million, or $4.15 per share. Revenue was reported as $57.83 billion.
Bunge shares have risen almost 1 percent since the beginning of the year. The stock has increased 23 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BG at http://www.zacks.com/ap/BG
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Keywords: Bunge, Earnings Report
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Bunge is based in United states of america. Bunge is listed in United States of America. Its market capitalisation is US$ 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. |