Financial Performance - Bunge Global reported revenue of $11.64 billion for the quarter ended March 2025, a decrease of 13.2% year-over-year [1] - Earnings per share (EPS) was $1.81, down from $3.04 in the same quarter last year, with an EPS surprise of +42.52% compared to the consensus estimate of $1.27 [1] - The reported revenue was a surprise of -9.10% against the Zacks Consensus Estimate of $12.81 billion [1] Key Metrics - Agribusiness volumes were 18,277 Kmt, below the estimated 19,369.03 Kmt [4] - Milling products volumes were 898 Kmt, compared to the average estimate of 908.96 Kmt [4] - Refined & Specialty Oils volumes were 2,130 Kmt, compared to the average estimate of 2,195 Kmt [4] Net Sales - Net sales to external customers in Agribusiness were $8.16 billion, below the estimate of $8.76 billion, representing a year-over-year change of -16.2% [4] - Net sales for Milling products were $375 million, compared to the average estimate of $396.09 million, reflecting a -1.6% change year-over-year [4] - Net sales for Refined & Specialty Oils were $3.09 billion, below the estimate of $3.65 billion, with a year-over-year change of -4.6% [4] Adjusted Segment EBIT - Adjusted Segment EBIT for Corporate and Other was -$44 million, better than the average estimate of -$63.55 million [4] - Adjusted Segment EBIT for Agribusiness was $268 million, exceeding the estimate of $206.45 million [4] - Adjusted Segment EBIT for Milling products was $15 million, below the average estimate of $22.98 million [4] - Adjusted Segment EBIT for Refined & Specialty Oils was $123 million, slightly above the estimate of $118.33 million [4] Stock Performance - Bunge Global shares returned +12.4% over the past month, outperforming the Zacks S&P 500 composite's +10.6% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]

Bunge (BG) Q1 2025 Earnings Call May 07, 2025 08:00 AM ET Speaker0 Good day, and welcome to the Banking S. A. First Quarter twenty twenty five Earnings Release and Conference Call. Today, all participants will be in listen only mode. After today's presentation, there will be an opportunity to ask your questions. Please note that today's event is being recorded. I would now like to turn the conference over to Ruth Ann Wisener. Please go ahead, madam. Speaker1 Thank you, operator, and thank you for joining us ...

Core Viewpoint - Bunge Global reported quarterly earnings of $1.81 per share, exceeding the Zacks Consensus Estimate of $1.27 per share, but down from $3.04 per share a year ago, indicating a significant earnings surprise of 42.52% [1][2] Financial Performance - The company posted revenues of $11.64 billion for the quarter ended March 2025, missing the Zacks Consensus Estimate by 9.10% and down from $13.42 billion year-over-year [2] - Over the last four quarters, Bunge Global has surpassed consensus EPS estimates two times and topped consensus revenue estimates two times [2] Stock Performance - Bunge Global shares have increased approximately 0.5% since the beginning of the year, contrasting with the S&P 500's decline of 4.7% [3] Future Outlook - The company's earnings outlook will be crucial for determining the sustainability of its stock price movement, with current consensus EPS estimates at $1.81 for the coming quarter and $7.82 for the current fiscal year [4][7] - The estimate revisions trend for Bunge Global is currently mixed, resulting in a Zacks Rank 3 (Hold), suggesting the stock is expected to perform in line with the market in the near future [6] Industry Context - The Agriculture - Products industry, to which Bunge Global belongs, is currently ranked in the top 14% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8]

Financial Performance - Bunge's adjusted EPS for Q1 2025 was $1.81, compared to $3.04 in Q1 2024[12] - Adjusted Segment EBIT was $406 million in Q1 2025, a decrease from $719 million in Q1 2024[12] - Agribusiness' Adjusted Segment EBIT was $268 million in Q1 2025, down from $487 million in Q1 2024[12] - Refined and Specialty Oils' Adjusted Segment EBIT was $123 million in Q1 2025, compared to $204 million in Q1 2024[12] - Milling's Adjusted Segment EBIT was $15 million in Q1 2025, a decrease from $28 million in Q1 2024[12] - Adjusted Total EBIT for Q1 2025 was $362 million, compared to $676 million in Q1 2024[12] Financial Position - At the end of Q1 2025, Readily Marketable Inventory (RMI) exceeded Net Debt by $3 billion[24] - The Adjusted Leverage Ratio was 0.6x at the end of Q1 2025[24] - The company had a cash balance of approximately $3.2 billion at quarter-end[30] Outlook - Bunge continues to forecast a full-year 2025 adjusted EPS of approximately $7.75[11, 39] - The company expects net interest expense to be in the range of $220 million to $250 million and capex in the range of $1.5 billion to $1.7 billion[39]

Bunge Reports First Quarter 2025 Results St. Louis, MO - May 7, 2025 - Bunge Global SA (NYSE: BG) today reported first quarter 2025 results Ø Overview Greg Heckman, Bunge's Chief Executive Officer, commented, "Our team delivered a better than expected start to 2025, staying nimble in a quickly evolving market environment while continuing to serve our customers at both ends of the value chain. We announced agreements to sell our European margarine and U.S. corn milling businesses as we further align our asse ...

Bunge Global SA (BG) is scheduled to report first-quarter 2025 results on May 7, before market open.The Zacks Consensus Estimate for BG’s first-quarter sales is pegged at $12.8 billion, indicating a 4.5% decline from the prior-year quarter’s reported figure.The consensus mark for earnings is pegged at $1.27 per share, indicating a year-over-year plunge of 58%. Earnings estimates have been unchanged in the past 30 days. Image Source: Zacks Investment ResearchBG’s Earnings Surprise HistoryBunge’s earnings hav ...

Bunge Global SA (BG) announced that it signed a definitive agreement with Grain Craft to sell its North America dry corn and corn masa milling businesses. This move is in sync with Bunge Global’s decision to focus on core business.Under the terms of the agreement, Grain Craft, which is one of the largest independent flour millers in the United States, will acquire Bunge Global’s facilities in Danville, IL; Worthington, IN; Crete, NE; Red Oak, IA; Muleshoe, TX; Atchison, KS; and Queretaro, MX. The sale is su ...

Bunge Global SA (BG) announced that it has entered into an agreement to sell its European margarines and spreads business to Vandemoortele. This strategic move aims to streamline BG’s portfolio. It also aligns with Bunge Global’s focus on maintaining global leadership in integrated value chains in oilseeds and grains, as well as in connected oils, emulsifiers and proteins B2B ingredients businesses.The sale includes Bunge Global’s portfolio of 20 consumer brands and manufacturing facilities for spreads and ...

Risks and Challenges - The company is currently facing risks related to the ongoing war in Ukraine, which could impact operations and financial performance[16] - The company anticipates increased costs and risks associated with compliance to new ESG disclosure frameworks, particularly under the European Union's Corporate Sustainability Reporting Directive[77] - The company expects to face challenges related to climate change regulations and GHG emissions reporting requirements starting in 2026[79] - The company is actively managing market risks associated with agricultural commodities, energy, and foreign currency[21] Acquisitions and Integration - The company is in the process of acquiring Viterra Limited, which may lead to significant integration costs and reduced influence for existing shareholders post-acquisition[20] Research and Development - The company has several research and development centers globally focused on product development and enhancing processes, with investments in digital innovations to improve operations[67] Regulatory Environment - The company is subject to various government regulations, including those related to environmental protection and agricultural commodity pricing, which could affect operational costs and market conditions[71] Sustainability and Environmental Goals - Bunge achieved 100% traceability and monitoring of its direct and indirect soy supply chains in priority regions of Brazil as of December 31, 2024[83] - The company has set Science Based Targets (SBTs) for GHG emissions, aiming for a 25% absolute reduction in Scopes 1 & 2 and a 12.3% reduction in Scope 3 by 2030 from a 2020 baseline[92][94] - The company plans to reduce water intensity by 10% overall and 25% for facilities in high water stress areas by 2026 from a 2016 baseline[93] - Bunge's sustainability strategy includes enhancing oilseed processing capabilities and developing new plant-based protein ingredients, aligning with corporate vision and sustainability goals[81] - The company is actively engaged in supplying low carbon feedstock for renewable fuels and sourcing grains under regenerative agricultural practices[88] - Bunge has implemented programs to mitigate deforestation in its supply chains, a commitment established in 2015[83] - Bunge's leadership engages with stakeholders to set public commitments and quantifiable targets on GHG emissions, aligning metrics for maximum impact[91] - The Chief Sustainability Officer oversees a global team to ensure alignment with sustainability objectives across the company[87] Workforce and Leadership - Bunge employs approximately 23,000 people as of December 31, 2024, with a positive employee relations environment[95] - Pierre Mauger has been Chief Transformation Officer since May 2019, previously serving as Chief Development Officer at Bunge since 2013[111] - John Neppl has been Chief Financial Officer since May 2019, with prior experience at Green Plains Inc. and ConAgra Foods, focusing on financial management[112] - Joseph Podwika has served as Chief Legal Officer since November 2019, previously holding senior legal positions at Nutrien Ltd. and PotashCorp[113] - Kellie Sears joined as Chief Human Resources Officer in January 2023, with prior roles at BeautyHealth and Allergan, focusing on HR strategy and implementation[114] - Robert Wagner has been Chief Risk Officer since June 2019, with previous experience at Tricon International and COFCO Agri Ltd, managing market and credit risk[115] - Ruth Ann Wisener has served as Vice President of Investor Relations since March 2019, with a background in legal, finance, and commercial roles at Tyson Foods and ADM[116]

Bunge Global SA (BG) reported fourth-quarter 2024 adjusted earnings of $2.13 per share, which missed the Zacks Consensus Estimate of $2.30 by a margin of 7%. The bottom line marked a 42% year-over-year plunge.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Including one-time items, the company posted earnings per share of $4.36 in fourth-quarter 2024 compared with $4.18 in the year-ago quarter.Bunge Global’s net sales were $13.5 billion, down 9.3% from the year-ago quarter. The top li ...