Bunge Limited (BG) Tops Q2 EPS by $2.56, Revenues Miss; Raises FY20 EPS Outlook
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Bunge Reports Second Quarter 2020 Results
July 29, 2020 6:00 AM EDTST. LOUIS, July 29, 2020 /PRNewswire/ --Â Bunge Limited (NYSE: BG) today reported second quarter 2020 results.
Q2 GAAP EPS of $3.47 vs. $1.43 in the prior year; $3.88 vs. $1.52 on an adjusted basis Core Agribusiness and Food & Ingredients businesses generated strong results Agribusiness earnings improved on excellent execution; results also benefited from ~$380 million of timing differences related to expected Q1 reversals and new mark-to-market gains Edible Oils performed better than expected Increasing full-year earnings outlook to reflect better than expected... More