Bunge Q2 Adj $1.73 Misses $1.80 Estimate, Sales $9.66B Miss $14.27B Estimate
Portfolio Pulse from Benzinga Newsdesk
Bunge (NYSE:BG) reported Q2 earnings of $1.73 per share, missing the $1.80 estimate, and sales of $9.66 billion, missing the $14.27 billion estimate. Both earnings and sales saw significant declines compared to the same period last year.
July 31, 2024 | 10:03 am
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Bunge reported Q2 earnings of $1.73 per share, missing the $1.80 estimate, and sales of $9.66 billion, missing the $14.27 billion estimate. Both earnings and sales saw significant declines compared to the same period last year.
Bunge's Q2 earnings and sales both missed analyst estimates and showed significant declines compared to the same period last year. This is likely to negatively impact the stock price in the short term as investors react to the disappointing financial performance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100