Recap: Bunge Q3 Earnings

Recap: Bunge Q3 Earnings

Bunge BG reported its Q3 earnings results on Wednesday, October 26, 2022 at 06:00 AM.

Here's what investors need to know about the announcement.

Earnings

Bunge beat estimated earnings by 39.68%, reporting an EPS of $3.45 versus an estimate of $2.47.

Revenue was up $2.64 billion from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.38 which was followed by a 2.4% drop in the share price the next day.

Here's a look at Bunge's past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 3.35 2.94 2.55 1.16
EPS Actual 2.97 4.26 3.49 3.72
Revenue Estimate 16.81B 14.80B 13.61B 11.58B
Revenue Actual 17.93B 15.88B 16.68B 14.12B

To track all earnings releases for Bunge visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarnings