Bunge Global (NYSE:BG – Get Free Report) is set to issue its quarterly earnings data before the market opens on Wednesday, October 30th. Analysts expect the company to announce earnings of $2.11 per share for the quarter. Bunge Global has set its FY 2024 guidance at 9.250-9.250 EPS and its FY24 guidance at ~$9.25 EPS.Investors interested in participating in the company’s conference call can do so using this link.
Bunge Global (NYSE:BG – Get Free Report) last announced its quarterly earnings results on Wednesday, July 31st. The basic materials company reported $1.73 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.79 by ($0.06). The company had revenue of $13.24 billion for the quarter, compared to the consensus estimate of $14.30 billion. Bunge Global had a net margin of 2.33% and a return on equity of 14.84%. The company’s revenue for the quarter was down 12.0% compared to the same quarter last year. During the same period last year, the firm posted $3.72 earnings per share. On average, analysts expect Bunge Global to post $9 EPS for the current fiscal year and $9 EPS for the next fiscal year.
Bunge Global Price Performance
Shares of NYSE:BG opened at $89.36 on Wednesday. Bunge Global has a one year low of $86.10 and a one year high of $114.92. The company has a market cap of $12.65 billion, a price-to-earnings ratio of 7.19 and a beta of 0.64. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.03 and a quick ratio of 0.97. The firm has a 50 day simple moving average of $97.25 and a 200 day simple moving average of $102.78.
Analyst Ratings Changes
Check Out Our Latest Stock Analysis on BG
Bunge Global Company Profile
Bunge Global SA operates as an agribusiness and food company worldwide. It operates through four segments: Agribusiness, Refined and Specialty Oils, Milling, and Sugar and Bioenergy. The Agribusiness segment purchases, stores, transports, processes, and sells agricultural commodities and commodity products, including oilseeds primarily soybeans, rapeseed, canola, and sunflower seeds, as well as grains comprising wheat and corn; and processes oilseeds into vegetable oils and protein meals.
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