Core Insights - Bunge Global SA reported third-quarter 2025 adjusted earnings of $2.27 per share, exceeding the Zacks Consensus Estimate of $2.23, but reflecting a 1% year-over-year decline [1][10] - The company completed the acquisition of Viterra, enhancing its global network and agricultural capabilities, with net sales reaching $22.16 billion, a 71.6% increase from the previous year, although it fell short of the consensus estimate of $26.55 billion [2][10] Financial Performance - The cost of sales increased to $21 billion, up 74% year-over-year, while gross profit rose 38% to $1.06 billion [3] - Selling and administrative expenses were $678 million, a 55% increase year-over-year, leading to an operating profit of $403 million, down 1% from the prior year [3] - Adjusted total operating profit surged 54% year-over-year to $757 million, with total adjusted operating margin contracting by 40 basis points to 3.4% [4] Segment Performance - Soybean Processing and Refining: Sales increased 38% to $10.86 billion, with processed soybeans up 30% to 12,139 thousand metric tons, and adjusted operating profit rising 67% to $478 million [5] - Softseed Processing and Refining: Sales surged 130% to $3.66 billion, with processed volumes increasing to 3,124 thousand metric tons, and adjusted operating profit up 107% to $275 million [6] - Other Oilseeds Processing and Refining: Sales rose 13.4% to $1.2 billion, but adjusted operating profit fell 19% to $51 million due to mixed results across regions [7] - Grain Merchandising and Milling: Sales increased 168% to $6.43 billion, with volumes up 168.6% to 24,080 thousand metric tons, and adjusted operating profit rising 56% to $120 million [8][9] Cash Flow and Balance Sheet - Cash used in operating activities was $503 million in the first nine months of 2025, compared to an inflow of $847 million in the same period last year [11] - Cash and cash equivalents decreased to $1.3 billion from $3.3 billion at the end of 2024, while long-term debt rose to $9.8 billion from $4.7 billion [12] Outlook - Bunge Global maintains its 2025 adjusted EPS outlook in the range of $7.30-$7.60 [13] Stock Performance - Bunge Global's shares have gained 20.8% year-to-date, outperforming the industry, which has seen an 11% decline [14]