Bunge Reports Second Quarter 2019 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/14/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
Bunge Limited (BG) Reports Q2 EPS of $1.43
July 31, 2019 6:05 AM EDTBunge Limited (NYSE: BG) reported Q2 EPS of $1.43, versus ($0.15) reported last year. Revenue for the quarter came in at $10.1 billion versus the consensus estimate of $12.16 billion.
Q2 GAAP EPS of $1.43 vs. $(0.20) in the prior year; $1.52 vs. $0.10 on an adjusted basisResults include $135 million net unrealized gain on Bunge Ventures' stake in Beyond Meat, Inc.Agribusiness benefited from approximately $70 million in timing differences in soy crush, along with increased soy crush volumes, partly offset by lower structural marginsFood & Ingredients largely in-line as strength in Edible Oils offset weakness in MillingAchieved... More