Bunge Reports First Quarter 2020 Results
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Bunge Limited (BG) Misses Q1 EPS by $2.01, Revenues Miss
May 6, 2020 6:02 AM EDTBunge Limited (NYSE: BG) reported Q1 EPS of ($1.34), $2.01 worse than the analyst estimate of $0.67. Revenue for the quarter came in at $9.17 billion versus the consensus estimate of $10.15 billion.
Greg Heckman, Bunge's Chief Executive Officer, commented, "I am incredibly proud and grateful for our team's commitment and performance during this highly challenging period. Bunge is a critical part of the global food infrastructure, and our team remains dedicated to ensuring that key feed and food ingredients are getting from farmers to consumers as we navigate this global crisis together.
"Our underlying business performed well... More
