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NEW YORK - Bunge Global SA (NYSE:BG) reported better-than-expected first quarter 2025 earnings on Thursday, sending its shares up 4.3% as the agricultural commodities trader benefited from strong processing operations despite a challenging market environment.
The company posted adjusted earnings per share of $1.81 for the quarter, significantly beating analyst estimates of $1.31. However, this was down from $3.04 in the same period last year. Revenue came in at $11.64 billion, falling short of the $13.11 billion consensus estimate and declining YoY.
Bunge’s Agribusiness segment delivered solid results driven by processing activities, though performance was lower compared to the strong first quarter of 2024. The Refined and Specialty Oils division saw more balanced supply and demand conditions, particularly in the U.S. market.
"Our team delivered a better than expected start to 2025, staying nimble in a quickly evolving market environment while continuing to serve our customers at both ends of the value chain," said CEO Greg Heckman.
The company maintained its full-year 2025 adjusted EPS guidance of approximately $7.75, slightly below the analyst consensus of $7.79.
Bunge also announced it is in the final stages of regulatory approval for its merger with Viterra and has reached agreements to divest its European margarine and U.S. corn milling businesses as it aligns assets with global integrated value chains.
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