Bunge Reports Fourth Quarter and Full-Year 2019 Results
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Bunge Limited (BG) Tops Q4 EPS by 95c, Revenues Miss
February 12, 2020 6:03 AM ESTBunge Limited (NYSE: BG) reported Q4 EPS of $1.27, $0.95 better than the analyst estimate of $0.32. Revenue for the quarter came in at $10.78 billion versus the consensus estimate of $11.51 billion.
Full-year 2019 GAAP EPS of $(9.34) vs. $1.57 in the prior year; $4.58 vs. $2.72 on an adjusted basis
Q4 GAAP EPS of $(0.48) vs.$(0.51) in the prior year; $1.27 vs. $0.08 on an adjusted basis
Agribusiness results driven by excellent execution and a better than expected market environment
Food & Ingredients results benefited from improved performance in North America and Asia, as well as favorable timing differences
Substantial progress on key priorities in 2019 - streamlined portfolio;... More
