Bunge Global (BG) reported $13.54 billion in revenue for the quarter ended December 2024, representing a year-over-year decline of 9.3%. EPS of $2.13 for the same period compares to $3.70 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $12.8 billion, representing a surprise of +5.80%. The company delivered an EPS surprise of -7.39%, with the consensus EPS estimate being $2.30.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Str ...

Shares of agribusiness and food company Bunge Global SA BG are trading lower in premarket on Wednesday.Here’s a breakdown of the company’s report: Fourth-quarter FY24 sales declined 9.33% year-on-year to $13.54 billion, missing the analyst consensus estimate of $13.60 billion.Adjusted EPS of $2.13 missed the consensus estimate of $2.24.Net sales from the Agribusiness segment declined 9.5% to $9.9 billion, and Refined & Specialty Oils decreased 7.4% to $3.3 billion.Gross profit improved 13.8% Y/Y to $1.08 bi ...

Bunge Global (BG) came out with quarterly earnings of $2.13 per share, missing the Zacks Consensus Estimate of $2.30 per share. This compares to earnings of $3.70 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -7.39%. A quarter ago, it was expected that this agribusiness and food company would post earnings of $2.18 per share when it actually produced earnings of $2.29, delivering a surprise of 5.05%.Over the last four quarte ...

February 5, 2025 Q4 2024 Earnings Results Review Q4 and FY24 Highlights and Outlook(1) (1) Refer to discussion of the presentation of full-year projected 2025 financial measures presented on an adjusted, non-GAAP basis within the "Non-GAAP Definitions" section of the appendix. 4 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 statement ...

Bunge Reports Fourth Quarter and Full-Year 2024 Results St. Louis, MO - February 5, 2025 - Bunge Global SA (NYSE: BG) today reported fourth quarter and full- year 2024 results. Ø Overview Greg Heckman, Bunge's Chief Executive Officer, commented, "Our team closed out a year of significant achievements for Bunge. We made great progress on integration planning for our announced combination with Viterra and, having received the vast majority of regulatory approvals, we expect to close the transaction soon. We c ...

Bunge Global SA (BG) is scheduled to report fourth-quarter 2024 results on Feb. 5, before market open.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.The Zacks Consensus Estimate for BG’s fourth-quarter sales is pegged at $12.8 billion, indicating a 14.3% decline from the prior-year quarter’s reported figure.The consensus mark for earnings is pegged at $2.30 per share, indicating a year-over-year plunge of 37.8%. Earnings estimates have been unchanged in the past 30 days.  Image Sourc ...

Bunge Global (BG) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended December 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on February 5. ...

Merger Approval and Terms - The merger between Bunge and Viterra was announced in June 2023 and unanimously approved by both boards of directors [1] - Bunge's shareholders approved the merger in October 2023, including the issuance of 65,611,831 common shares and the relocation of the parent company from Bermuda to Switzerland [1] - The Canadian government approved the merger with conditions to protect competition, encourage investment, and secure economic benefits for Canada [10] - The merged entity will be one of the world's largest agribusiness companies worth $34 billion, including debt, with the merger expected to close in early 2025 [10] Conditions and Divestitures - Bunge must divest six grain elevators in Western Canada to maintain competitive options for farmers [7] - The company is required to invest at least $520 million in Canada within the next five years [7] - Strict controls are imposed on Bunge's minority stake in G3 to prevent influence over G3's pricing or investment decisions [7] - A price protection program will be implemented for canola oil purchasers in Central and Atlantic Canada to ensure fair pricing and market stability [2] - Viterra's head office must remain in Regina for at least five years to protect Canadian jobs [2] Financial and Operational Impact - The merger is expected to generate $250 million in annual gross pre-tax operational synergies within the first three years [12] - The transaction is anticipated to be accretive to Bunge's adjusted earnings per share in the first full year post-closing, with further improvements as synergies are realized [12] - Bunge's shares have lost 14% over the past year, underperforming the industry's 1.7% growth [3] Market and Competitive Concerns - The Canadian Competition Bureau identified localized concerns regarding canola purchases in Nipawin, SK, and Altona, MB, as well as canola oil sales to a small segment of customers in Eastern Canada [14] - The Bureau concluded that there are no specific competition concerns for grain purchasing in Eastern Canada and most of Western Canada, or for the sale of the majority of downstream refined and specialty oil products [4] Strategic Benefits of the Merger - The merged entity will have an enhanced global network with a diversified agriculture portfolio covering all major crops [5] - The combination of complementary assets and distribution networks will connect major production regions to areas of fastest-growing demand, improving geographical balance and adaptability of global value chains [5] - The merger will enhance Bunge's innovation capabilities, addressing food security, market access for farmers, and sustainable food, feed, and renewable fuel production [15] - Significant incremental network synergies are expected from joint commercial excellence opportunities, vertical integration efficiencies, and improved logistics optimization [15] Stock Performance and Alternatives - Bunge currently carries a Zacks Rank 4 (Sell) [6] - Better-ranked stocks in the basic materials space include Carpenter Technology Corporation (Zacks Rank 1), International Paper Company (Zacks Rank 1), and Fortuna Mining Corp. (Zacks Rank 2) [6] - Carpenter Technology's shares have surged 198.5% in the past year, with a Zacks Consensus Estimate for fiscal 2025 earnings of $6.77 per share, indicating 42.8% year-over-year growth [16] - International Paper's shares have gained 49% in the past year, with a Zacks Consensus Estimate for 2025 earnings of $3.02 per share, reflecting a 156% year-over-year increase [16] - Fortuna Mining's shares have risen 24% in the past year, with a Zacks Consensus Estimate for 2025 earnings of 56 cents per share, indicating a 17.7% year-over-year rise [13]

Disclosure and Ownership - The author holds a beneficial long position in shares of YARIY and UPMKF through stock ownership, options, or other derivatives [1] - The author owns European/Scandinavian tickers (not ADRs) of all European/Scandinavian companies mentioned in the articles [2] - The author owns Canadian tickers of all Canadian stocks discussed in the articles [2] Investment Considerations - Investing in European/Non-US stocks involves withholding tax risks specific to the company's domicile and the investor's personal situation [2] - Investors should consult a tax professional regarding the impact of dividend withholding taxes and potential mitigation strategies [2] General Disclaimer - The article is not financial advice, and the author is not a CFA or licensed to provide financial advice [2] - Investors are expected to conduct their own due diligence and research before making any investment decisions [2] - Short-term trading, options trading, and futures trading are considered high-risk investment styles and may not be suitable for investors with limited capital or experience [2]

Last year, I covered the agricultural commodity giant Archer-Daniels-Midland (NYSE: ADM ) in " Archer-Daniels-Midland: The Global Food Supply Chain May Remain Tumultuous. " My outlook was neutral, seeing that although its valuation was low and could grow long-term, it faced notableHarrison is a financial analyst who has been writing on Seeking Alpha since 2018 and has closely followed the market for over a decade. He has professional experience in the private equity, real estate, and economic research indus ...