Chesterfield, Missouri-based Bunge Global SA (BG) is an integrated global agribusiness and food company. With a market cap of $9.3 billion, Bunge operates through Agribusiness, Refined and Specialty Oils, Milling, and Sugar and Bioenergy segments. The agribusiness major is expected to release its first-quarter earnings before the market opens on Wednesday, Apr. 23.
Ahead of the event, analysts expect Bunge to report a non-GAAP profit of $1.27 per share, down a massive 58.2% from $3.04 per share reported in the year-ago quarter. While the company has surpassed Wall Street’s bottom-line estimates twice over the past four quarters, it missed the projections on two other occasions.
