Recap: Bunge Q1 Earnings

Bunge BG reported its Q1 earnings results on Wednesday, May 3, 2023 at 06:00 AM.

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

Earnings

Bunge beat estimated earnings by 0.62%, reporting an EPS of $3.26 versus an estimate of $3.24.

Revenue was down $552.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.02 which was followed by a 2.13% drop in the share price the next day.

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

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 3.22 2.47 3.35 2.94
EPS Actual 3.24 3.45 2.97 4.26
Revenue Estimate 18.22B 16.68B 16.81B 14.80B
Revenue Actual 16.66B 16.76B 17.93B 15.88B

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.

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