Bunge Q3 2024 Adj. EPS $2.29 Beats $2.14 Estimate, Sales $12.908B Beat $12.774B Estimate
Portfolio Pulse from Benzinga Newsdesk
Bunge reported Q3 2024 earnings per share of $2.29, surpassing the analyst estimate of $2.14. Sales were $12.908 billion, also beating the estimate of $12.774 billion. However, sales decreased by 9.27% compared to the same period last year.
October 30, 2024 | 10:03 am
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Bunge's Q3 2024 earnings per share of $2.29 exceeded expectations, and sales of $12.908 billion also surpassed estimates. However, sales declined by 9.27% year-over-year.
Bunge's earnings and sales both exceeded analyst expectations, which is typically positive for stock performance. However, the year-over-year sales decline may temper investor enthusiasm.
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RELEVANCE 100