Bunge Earnings Preview
Portfolio Pulse from Benzinga Insights
Bunge (NYSE:BG) is set to release its quarterly earnings report on October 26, 2023. Analysts estimate an earnings per share (EPS) of $2.50. The company's past performance shows it beat EPS estimates last quarter, resulting in a 1.33% increase in share price. Bunge's shares were trading at $100.72 as of October 24, with a 52-week increase of 4.23%.
October 25, 2023 | 5:01 pm
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NEUTRAL IMPACT
Bunge is expected to report an EPS of $2.50 in its upcoming earnings. The company's stock price increased by 1.33% after beating EPS estimates last quarter.
The upcoming earnings report is a significant event for Bunge. Given the company's history of beating EPS estimates, a similar outcome this quarter could positively impact the stock price. However, the actual impact will also depend on the company's guidance for the next quarter.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100