UPDATE: Bunge Posts Q4 Profit

Bunge

swung to a profit in the fourth quarter. Bunge posted quarterly net earnings of $115 million, or $0.78 per share, versus a year-ago net loss of $610 million, or $4.17 per share. Excluding non-recurring items, it earned $1.35 per share, versus analysts' estimates of $2.16 per share. Its revenue declined to $16.38 billion versus $17.04 billion. Bunge shares closed at $75.63 yesterday.