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Bunge Gears Up to Report Q1 Earnings: What's in Store for the Stock?
ZACKS· 2025-05-05 15:40
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]
Both Leading Proxy Advisory Firms – ISS and Glass Lewis – Recommend Shareholders Vote “FOR” ONLY Tejon's 10 Director Nominees
GlobeNewswire News Room· 2025-05-05 13:15
Core Viewpoint - Tejon Ranch Co. is receiving strong support from major proxy advisory firms ISS and Glass Lewis, recommending shareholders vote for its 10 director nominees, emphasizing their qualifications and strategic vision to enhance shareholder value [2][3][4]. Summary by Relevant Sections Proxy Advisory Recommendations - Glass Lewis and ISS have both recommended that Tejon shareholders vote "FOR" all 10 of the company's highly qualified director nominees on the WHITE Proxy Card for the upcoming Annual Meeting on May 13, 2025 [2][3]. - The recommendations highlight the expertise and strategic vision of Tejon's Board, contrasting it with Bulldog's unqualified nominees [3][4]. Opposition to Bulldog's Nominees - Both ISS and Glass Lewis have criticized Bulldog's campaign to install three unqualified director nominees, noting that Bulldog has not provided a clear plan for Tejon [4]. - Glass Lewis pointed out Bulldog's lack of understanding of necessary changes, indicating uncertainty in their approach [4]. Call to Action for Shareholders - Tejon urges shareholders to follow the recommendations of ISS and Glass Lewis by voting "FOR" the company's nominees and withholding votes from Bulldog's nominees to protect their investment [5][6]. - The company emphasizes the importance of shareholder votes, regardless of the number of shares owned, and provides instructions for voting [6]. Company Background - Tejon Ranch Co. is a diversified real estate development and agribusiness company, with a principal asset of 270,000 acres of land located approximately 60 miles north of Los Angeles [8].
Tejon Ranch Co. to Participate in Oppenheimer’s 20th Annual Industrial Growth Conference
Globenewswire· 2025-05-01 12:00
TEJON RANCH, Calif., May 01, 2025 (GLOBE NEWSWIRE) -- Tejon Ranch Co. (NYSE:TRC), (“Tejon” or the “Company”), a diversified real estate development and agribusiness company, today announced that it will participate at Oppenheimer’s 20th Annual Growth Conference (virtual format) on Tuesday, May 6, 2025. Tejon’s new President & CEO Matthew Walker is scheduled to present at 12 PM ET on May 6th. A webcast of the presentation, as well as a 90-day replay, will be available at the following webcast link: TRC Prese ...
Earnings Preview: Archer Daniels Midland (ADM) Q1 Earnings Expected to Decline
ZACKS· 2025-04-22 15:07
The market expects Archer Daniels Midland (ADM) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended March 2025. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report. On the other hand, if the ...
Cresud(CRESY) - 2025 Q2 - Earnings Call Presentation
2025-03-19 16:31
Company Overview - CRESUD has been investing in real assets for over 30 years[2] - The company manages 865,600 hectares through CRESUD, BrasilAgro & Subsidiaries, with 71% owned, 14% leased, and 15% under long-term concessions[11] - CRESUD's agribusiness strategy focuses on farming activity, farmland real estate, and agricultural commercial services[15] Farmland Portfolio and Production - The company's farmland portfolio has evolved since 1994, expanding from Argentina to the region[8] - The planted surface has increased at a CAGR of +10.3%[19] - Grain production in the region has increased at a CAGR of +14.8%[21] Farmland Real Estate - Farmland prices in Argentina have seen significant appreciation[28] - Farmland prices in Brazil have also seen significant appreciation[31] - CRESUD's stake in farmland real estate is 51.2%[34] Agricultural Commercial Services - The company complements traditional farming with services, trading, and AgTech[36] - Traded tons evolution & market share has increased over the years[39] - EBT Evolution reached USD 28.2 million in 2021-2022[41] Financial Performance and Capital Management - Agribusiness Adjusted EBITDA has evolved across farming, farmland sales, and services segments[50] - Stand-alone debt has decreased by -23.4% to USD 323 million in IIQ 25[53] - The company approved a dividend on October 28th, 2024, with a dividend yield of ~7%[58] - Shares repurchase programs were conducted from November to December 2024, with 4,522,623 ordinary shares repurchased for ARS 6,498 million (~USD 6.4 million), representing ~0.75% of Social Capital[60]