WHITE PLAINS, N.Y. (AP) _ Bunge Ltd. (BG) on Wednesday reported second-quarter net income of $81 million.
The White Plains, New York-based company said it had profit of 51 cents per share. Earnings, adjusted for one-time gains and costs, came to 17 cents per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 10 cents per share.
The agribusiness and food company posted revenue of $11.65 billion in the period.
Bunge shares have increased 8 percent since the beginning of the year. The stock has risen 24 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 https://www.zacks.com/ap/BG
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Keywords: Bunge, Earnings Report