Bunge Limited (BG) Tops Q3 EPS by 2c
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.
