Chesterfield, Missouri-based Bunge Global SA (BG) is an integrated global agribusiness and food company. With a market cap of $13.7 billion, Bunge operates through Agribusiness, Refined and Specialty Oils, Milling, and Sugar and Bioenergy segments. The agribusiness giant is expected to release its third-quarter earnings before the market opens on Wednesday, Oct. 30.
Ahead of the event, analysts expect Bunge to report a profit of $2.11 per share, down 29.4% from $2.99 per share reported in the year-ago quarter. The company has surpassed Wall Street’s adjusted EPS estimates in three of the past four quarters while missing on one other occasion. Its adjusted EPS for the last reported quarter declined 53.5% year-over-year to $1.73, missing the consensus estimates by 3.4%.
