Bunge Reports Second Quarter 2015 Results
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Bunge Limited (BG) Misses Q2 EPS Views; Revs Light
July 30, 2015 6:47 AM EDTBunge Limited (NYSE: BG) reported Q2 EPS of $0.50, $0.86 worse than the analyst estimate of $1.36. Revenue for the quarter came in at $10.78 billion versus the consensus estimate of $14.94 billion.
Outlook
Drew Burke, Chief Financial Officer, stated, "We expect a strong second half in Agribusiness with full year segment results exceeding $1 billion. In Oilseeds, margins are good in South America and in the U.S., solid underlying demand for soymeal and soyoil should continue to support a favorable crushing... More
