CORRECTION: Bunge Q2 2024 Adj. EPS $1.73 Misses $1.80 Estimate, Sales $13.241B Miss $14.273B Estimate
Portfolio Pulse from Benzinga Newsdesk
Bunge (NYSE:BG) reported Q2 2024 adjusted EPS of $1.73, missing the $1.80 estimate, and sales of $13.241 billion, missing the $14.273 billion estimate. This represents a significant year-over-year decline in both earnings and sales.
July 31, 2024 | 10:49 am
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Bunge reported Q2 2024 adjusted EPS of $1.73, missing the $1.80 estimate, and sales of $13.241 billion, missing the $14.273 billion estimate. This represents a significant year-over-year decline in both earnings and sales.
Bunge's Q2 2024 earnings and sales both missed analyst estimates, with significant year-over-year declines. 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