Bunge Reports Fourth Quarter 2017 Results
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Bunge Limited (BG) Posts Q4 Miss
February 14, 2018 6:03 AM ESTBunge Limited (NYSE: BG) reported Q4 EPS of $0.67, which may not compare to the analyst estimate of $1.37. Revenue for the quarter came in at $11.61 billion versus the consensus estimate of $12.55 billion.
Outlook
In 2018, we will continue to focus on execution of our strategic priorities.
Savings from the Global Competitiveness Program are expected to total $100 million versus our 2017 addressable SG&A baseline. We expect an additional $80 million of savings in industrial and supply chain initiatives. Savings from these programs are reflected in the segment EBIT ranges below.
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