Bunge Gears Up to Report Q1 Earnings: What's in Store for the Stock?

Core Viewpoint - Bunge Global SA (BG) is expected to report a significant decline in both sales and earnings for the first quarter of 2025, with sales estimated at $12.8 billion, a 4.5% decrease year-over-year, and earnings per share projected at $1.27, reflecting a 58% drop from the previous year [1] Financial Performance Estimates - The Agribusiness segment's revenues are estimated at $8.76 billion, down 10% from $9.74 billion in the prior year, with projected volumes of 19,369 thousand metric tons, a 4% decrease [4] - Adjusted EBIT for the Agribusiness segment is expected to be $206 million, a 58% decline year-over-year, with the merchandising business anticipated to see a 21% drop in EBIT to $60 million, and processing business EBIT projected to fall 68% to $133 million [5] - The Refined and Specialty Oils segment's revenues are estimated at $3.65 billion, indicating a 13% increase from the previous year, with operating income expected to drop 42% to $118 million [6][7] - The Milling segment's revenues are projected at $396 million, a 4% increase, with operating income estimated at $23 million, an 18% decline from the previous year [8] Impact of Segment Sales - The sale of the Sugar and Bioenergy segment, completed on October 1, 2024, is expected to negatively impact Bunge's income, as this non-core segment contributed $43 million in sales and $24 million in EBIT in the first quarter of 2024 [9] Stock Performance - Bunge's shares have increased by 14.3% over the past three months, outperforming the industry average growth of 2.2% [10]