For the quarter ended March 2025, Bunge Global (BG) reported revenue of $11.64 billion, down 13.2% over the same period last year. EPS came in at $1.81, compared to $3.04 in the year-ago quarter.The reported revenue represents a surprise of -9.10% over the Zacks Consensus Estimate of $12.81 billion. With the consensus EPS estimate being $1.27, the EPS surprise was +42.52%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street e ...

Bunge Global (BG) came out with quarterly earnings of $1.81 per share, beating the Zacks Consensus Estimate of $1.27 per share. This compares to earnings of $3.04 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 42.52%. A quarter ago, it was expected that this agribusiness and food company would post earnings of $2.30 per share when it actually produced earnings of $2.13, delivering a surprise of -7.39%.Over the last four quart ...

Q1 2025 Earnings Results Review May 7, 2025 Forward-Looking Statements • Today's presentation includes forward-looking statements that reflect Bunge's current views with respect to future events, financial performance and industry conditions. • These forward-looking statements are subject to various risks and uncertainties. Bunge has provided additional information in its reports on file with the Securities and Exchange Commission concerning factors that could cause actual results to differ materially from ...

Bunge Global SA (BG) is scheduled to report first-quarter 2025 results on May 7, before market open.The Zacks Consensus Estimate for BG’s first-quarter sales is pegged at $12.8 billion, indicating a 4.5% decline from the prior-year quarter’s reported figure.The consensus mark for earnings is pegged at $1.27 per share, indicating a year-over-year plunge of 58%. Earnings estimates have been unchanged in the past 30 days. Image Source: Zacks Investment ResearchBG’s Earnings Surprise HistoryBunge’s earnings hav ...

Bunge Global SA (BG) announced that it signed a definitive agreement with Grain Craft to sell its North America dry corn and corn masa milling businesses. This move is in sync with Bunge Global’s decision to focus on core business.Under the terms of the agreement, Grain Craft, which is one of the largest independent flour millers in the United States, will acquire Bunge Global’s facilities in Danville, IL; Worthington, IN; Crete, NE; Red Oak, IA; Muleshoe, TX; Atchison, KS; and Queretaro, MX. The sale is su ...

Bunge Global SA (BG) announced that it has entered into an agreement to sell its European margarines and spreads business to Vandemoortele. This strategic move aims to streamline BG’s portfolio. It also aligns with Bunge Global’s focus on maintaining global leadership in integrated value chains in oilseeds and grains, as well as in connected oils, emulsifiers and proteins B2B ingredients businesses.The sale includes Bunge Global’s portfolio of 20 consumer brands and manufacturing facilities for spreads and ...

Risks and Challenges - The company is currently facing risks related to the ongoing war in Ukraine, which could impact operations and financial performance[16] - The company anticipates increased costs and risks associated with compliance to new ESG disclosure frameworks, particularly under the European Union's Corporate Sustainability Reporting Directive[77] - The company expects to face challenges related to climate change regulations and GHG emissions reporting requirements starting in 2026[79] - The company is actively managing market risks associated with agricultural commodities, energy, and foreign currency[21] Acquisitions and Integration - The company is in the process of acquiring Viterra Limited, which may lead to significant integration costs and reduced influence for existing shareholders post-acquisition[20] Research and Development - The company has several research and development centers globally focused on product development and enhancing processes, with investments in digital innovations to improve operations[67] Regulatory Environment - The company is subject to various government regulations, including those related to environmental protection and agricultural commodity pricing, which could affect operational costs and market conditions[71] Sustainability and Environmental Goals - Bunge achieved 100% traceability and monitoring of its direct and indirect soy supply chains in priority regions of Brazil as of December 31, 2024[83] - The company has set Science Based Targets (SBTs) for GHG emissions, aiming for a 25% absolute reduction in Scopes 1 & 2 and a 12.3% reduction in Scope 3 by 2030 from a 2020 baseline[92][94] - The company plans to reduce water intensity by 10% overall and 25% for facilities in high water stress areas by 2026 from a 2016 baseline[93] - Bunge's sustainability strategy includes enhancing oilseed processing capabilities and developing new plant-based protein ingredients, aligning with corporate vision and sustainability goals[81] - The company is actively engaged in supplying low carbon feedstock for renewable fuels and sourcing grains under regenerative agricultural practices[88] - Bunge has implemented programs to mitigate deforestation in its supply chains, a commitment established in 2015[83] - Bunge's leadership engages with stakeholders to set public commitments and quantifiable targets on GHG emissions, aligning metrics for maximum impact[91] - The Chief Sustainability Officer oversees a global team to ensure alignment with sustainability objectives across the company[87] Workforce and Leadership - Bunge employs approximately 23,000 people as of December 31, 2024, with a positive employee relations environment[95] - Pierre Mauger has been Chief Transformation Officer since May 2019, previously serving as Chief Development Officer at Bunge since 2013[111] - John Neppl has been Chief Financial Officer since May 2019, with prior experience at Green Plains Inc. and ConAgra Foods, focusing on financial management[112] - Joseph Podwika has served as Chief Legal Officer since November 2019, previously holding senior legal positions at Nutrien Ltd. and PotashCorp[113] - Kellie Sears joined as Chief Human Resources Officer in January 2023, with prior roles at BeautyHealth and Allergan, focusing on HR strategy and implementation[114] - Robert Wagner has been Chief Risk Officer since June 2019, with previous experience at Tricon International and COFCO Agri Ltd, managing market and credit risk[115] - Ruth Ann Wisener has served as Vice President of Investor Relations since March 2019, with a background in legal, finance, and commercial roles at Tyson Foods and ADM[116]

Bunge Global SA (BG) reported fourth-quarter 2024 adjusted earnings of $2.13 per share, which missed the Zacks Consensus Estimate of $2.30 by a margin of 7%. The bottom line marked a 42% year-over-year plunge.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Including one-time items, the company posted earnings per share of $4.36 in fourth-quarter 2024 compared with $4.18 in the year-ago quarter.Bunge Global’s net sales were $13.5 billion, down 9.3% from the year-ago quarter. The top li ...

Financial Data and Key Metrics Changes - Reported fourth-quarter earnings per share (EPS) was $4.36, compared to $4.18 in Q4 2023, reflecting a favorable mark-to-market timing difference of $1.25 per share and a net positive impact of $0.98 per share [15][16] - Adjusted EPS was $2.13 in Q4, down from $3.70 in the prior year [16] - Adjusted core segment earnings before interest and taxes (EBIT) was $548 million, down from $881 million last year [17] - Net interest expense decreased to $62 million, reflecting lower net debt levels and interest rates [20] Business Line Data and Key Metrics Changes - Processing results in Europe and Asia were strong, but lower results were seen in North America and South America, as well as in European softseeds [17] - Higher merchandising results were driven by improved performance in Finance Services, Freight, and Global Grains, offsetting lower results in Global Refined and Specialty Oils [17] - In milling, higher results in North America were offset by lower results in South America [18] Market Data and Key Metrics Changes - The market environment in South America was challenging throughout the year, impacting industry margins [14] - North America experienced a declining margin environment due to biofuel rate uncertainty [14] - The company expects full-year results in agribusiness to be down from last year, with lower results in processing expected to offset improvements in South America [30] Company Strategy and Development Direction - The company is preparing for the close of its business combination with Viterra, which is expected to enhance its capabilities and address global food security needs [7][36] - A partnership to develop lower carbon intensity feedstocks for renewable fuels is in the works, aligning with the company's long-term strategy for decarbonization [9] - The company aims to streamline operations and return capital to shareholders through share repurchases and dividends, having repurchased $1.1 billion of shares in 2024 [11] Management's Comments on Operating Environment and Future Outlook - Management noted that geopolitical uncertainty limits forward visibility, but they expect full-year adjusted EPS to be approximately $7.75 [13][29] - The company anticipates improvements in Brazil's agricultural sector and expects to see stabilization in South America [43] - Management expressed confidence in navigating the complexities of the global environment and emphasized the importance of their global operating model [32][35] Other Important Information - The company completed the sale of its sugar and bioenergy joint venture in Brazil to BP, which streamlined operations and allowed for expanded stock repurchase authorization [10] - The adjusted leverage ratio at year-end was 0.6 times, with readily marketable inventories exceeding net debt by approximately $2.3 billion [25] Q&A Session Summary Question: What are the details behind the 2025 guidance? - Management acknowledged a less visible environment due to trade disruptions and U.S. biofuels uncertainty but noted constructive global oil supply and demand dynamics [40][41] Question: What offsets are expected in merchandising given improvements in South America? - Management indicated that merchandising is conservative and reflects a balanced supply and demand situation globally, with potential challenges for suppliers and consumers [51][52] Question: What is the plan for Viterra post-acquisition? - Management plans to update guidance on the Q1 call after the acquisition closes, focusing on integration and commercial synergies [75][76] Question: Can you provide more details on the regulatory process with China? - Management reported productive discussions with Chinese authorities and emphasized the importance of long-term relationships in the market [82][83] Question: What are the financial implications of the acquisitions? - Management stated that Viterra is expected to be neutral to slightly positive on a pro forma basis after considering synergies and share buybacks, while CJ Selecta is anticipated to contribute significantly to earnings [90][93] Question: How will capital allocation be managed moving forward? - Management confirmed an aggressive approach to share buybacks and noted a revised CapEx estimate for 2025, reflecting project timing and efficiency [96][98]

Bunge Global (NYSE:BG) Q4 2024 Earnings Conference Call February 5, 2025 8:00 AM ET Company Participants Ruth Ann Wisener - Vice President, Investor Relations Greg Heckman - Chief Executive Officer John Neppl - Chief Financial Officer Conference Call Participants Manav Gupta - UBS Heather Jones - Heather Jones Research Tom Palmer - Citi Stephen Hayes - Morgan Stanley Salvatore Tiano - Bank of America Pooran Sharma - Stephens Benjamin Theurer - Barclays Derrick Whitfield - Texas Capital Andrew Strelzik - BMO ...