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Bunge Limited (BG) Tops Q3 EPS by 2c

November 1, 2017 6:05 AM EDT

Bunge Limited (NYSE: BG) reported Q3 EPS of $0.75, $0.02 better than the analyst estimate of $0.73.

  • Agribusiness improved sequentially and year-over-year, despite a challenging environment
  • Edible Oils had a solid quarter driven by higher volumes and margins in most regions
  • Sugar & Bioenergy impacted by lower than expected Brazilian ethanol prices
  • Competitiveness Program progressing on track; industrial savings on plan
  • Announced Loders acquisition, significantly accelerating growth of value-added Oils
  • Expect sequential improvement in Q4 that continues into 2018

For earnings history and earnings-related data on Bunge Limited (BG) click here.



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