Bunge Reports Fourth Quarter and Full-Year 2018 Results
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Bunge Limited (BG) Misses Q4 EPS by 12c, Revenues Miss; 'Strategic Review and CEO Search Progressing'
February 21, 2019 6:04 AM ESTBunge Limited (NYSE: BG) reported Q4 EPS of $0.08, $0.12 worse than the analyst estimate of $0.20. Revenue for the quarter came in at $11.54 billion versus the consensus estimate of $11.75 billion.
Full-year 2018 GAAP EPS of $1.57 vs. $0.89 in the prior year; $2.72 vs. $1.94 on an adjusted basis;Q4 GAAP EPS of $(0.51) vs.$(0.48) in the prior year; $0.08 vs. $0.67 on an adjusted basisAgribusiness impacted by decline in value of Brazilian soybean ownership; full year results up 114% on strong soy crush marginsIn Food & Ingredients, Loders Croklaan integration proceeding as plannedSugar & Bioenergy impacted by heavy rains... More