Bunge Reports Second Quarter 2020 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/15/2026
- 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?
- BOJ eyeing September rate hike, faster pace of tightening, sources say
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- SanDisk upgraded at JPMorgan after investor day; shares climb
- Micron: New Street upgrades to buy, says memory is no longer a cyclical story
Bunge Limited (BG) Tops Q2 EPS by $2.56, Revenues Miss; Raises FY20 EPS Outlook
July 29, 2020 6:06 AM EDTBunge Limited (NYSE: BG) reported Q2 EPS of $3.88, $2.56 better than the analyst estimate of $1.32. Revenue for the quarter came in at $9.46 billion versus the consensus estimate of $9.7 billion.
Q2 GAAP EPS of $3.47 vs. $1.43 in the prior year; $3.88 vs. $1.52 on an adjusted basisCore Agribusiness and Food & Ingredients businesses generated strong resultsAgribusiness earnings improved on excellent execution; results also benefited from ~$380 million of timing differences related to expected Q1 reversals and new mark-to-market gainsEdible Oils performed better than expectedIncreasing full-year earnings outlook to reflect better than expected... More