Bunge Limited (BG) Tops Q1 EPS by 7c, Revenues Miss

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Bunge Reports First Quarter 2018 Results

May 2, 2018 6:00 AM EDT

WHITE PLAINS, N.Y., May 2, 2018 /PRNewswire/ -- Bunge Limited (NYSE: BG)

Q1 GAAP EPS of $(0.20); $(0.06) on an adjusted basis that includes $120 million of negative mark-to-market on forward oilseed crushing contracts Higher Food & Ingredients results driven by lower costs and stronger demand Loders Croklaan integration progressing as expected Global Competitiveness Program on track to generate $100 million of savings in 2018 Increasing midpoint of total 2018 full-year EBIT outlook by $295 million

 

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