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Bunge Global: Q2 Earnings Snapshot
By AP News - Jul 31, 2024, 06:11 AM ET
Last Updated - Jul 31, 2024, 06:11 AM EDT
ST. LOUIS (AP) — ST. LOUIS (AP) — Bunge Global SA (BG) on Wednesday reported second-quarter net income of $70 million.
The St. Louis-based company said it had profit of 48 cents per share. Earnings, adjusted for non-recurring costs, were $1.73 per share.
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The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.79 per share.
The agribusiness and food company posted revenue of $13.24 billion in the period.
Bunge Global expects full-year earnings to be $9.25 per share.
Bunge Global shares have climbed 13% since the beginning of the year. The stock has increased slightly more than 5% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BG at https://www.zacks.com/ap/BG
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