Bunge Sees FY24 Adj EPS Of $9.25 Vs. $9.46 Est.
Portfolio Pulse from Benzinga Newsdesk
Bunge Limited (BG) has announced its forecast for the fiscal year 2024, projecting an adjusted EPS of $9.25, which is below the estimated $9.46.
July 31, 2024 | 10:07 am
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Bunge Limited (BG) has announced its forecast for the fiscal year 2024, projecting an adjusted EPS of $9.25, which is below the estimated $9.46. This shortfall may lead to a negative market reaction in the short term.
The projected adjusted EPS of $9.25 is below the market estimate of $9.46, which could lead to a negative reaction from investors. This discrepancy suggests that the company's performance may not meet market expectations, potentially causing a decline in the stock price in the short term.
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IMPORTANCE 80
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