Bunge Reports First Quarter 2021 Results
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UPDATE: Bunge Limited (BG) Tops Q1 EPS by $1.59, Revenues Beat; Raises FY21 EPS Guidance Above Consensus
May 4, 2021 6:03 AM EDT(Updated - May 4, 2021 6:03 AM EDT)
Bunge Limited (NYSE: BG) reported Q1 EPS of $3.13, $1.59 better than the analyst estimate of $1.54. Revenue for the quarter came in at $12.96 billion versus the consensus estimate of $10.35 billion.
Q1 GAAP EPS of $5.52 vs. $(1.46) in the prior year; $3.13 vs. $0.91 on an adjusted basis excluding certain gains/charges and mark-to-market timing differencesOutstanding Agribusiness execution capturing opportunities throughout the global value chainsExcellent results in Refined and Specialty Oils benefiting from improved demand and our continued focus on customers and innovationIncreasing full-year adjusted EPS outlook to ~$7.50 based... More