Bunge Reports Third Quarter 2015 Results
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Bunge Limited (BG) Misses Q3 EPS by 31c, Offers Outlook
October 29, 2015 7:59 AM EDTBunge Limited (NYSE: BG) reported Q3 EPS of $1.24, $0.31 worse than the analyst estimate of $1.55. Revenue for the quarter came in at $10.8 billion versus the consensus estimate of $12.74 billion.
Outlook
Drew Burke, Chief Financial Officer, stated, "In Agribusiness, strong underlying demand for soymeal and oil will continue to support a favorable U.S. and Brazilian soy crushing environment. European sunseed crush margins have improved in certain countries with the arrival of harvest; however, rapeseed... More
