Post a Free Blog

Submit A Press Release

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Filter by Categories
Action
Animation
ATP Tour (ATP)
Auto Racing
Baseball
Basketball
Boxing
Breaking News
Business
Business
Business Newsletter
Call of Duty (CALLOFDUTY)
Canadian Football League (CFL)
Car
Celebrity
Champions Tour (CHAMP)
Comedy
CONCACAF
Counter Strike Global Offensive (CSGO)
Crime
Dark Comedy
Defense of the Ancients (DOTA)
Documentary and Foreign
Drama
eSports
European Tour (EPGA)
Fashion
FIFA
FIFA Women’s World Cup (WWC)
FIFA World Cup (FIFA)
Fighting
Football
Formula 1 (F1)
Fortnite
Golf
Health
Hockey
Horror
IndyCar Series (INDY)
International Friendly (FRIENDLY)
Kids & Family
League of Legends (LOL)
LPGA
Madden
Major League Baseball (MLB)
Mixed Martial Arts (MMA)
MLS
Movie and Music
Movie Trailers
Music
Mystery
NASCAR Cup Series (NAS)
National Basketball Association (NBA)
National Football League (NFL)
National Hockey League (NHL)
National Women's Soccer (NWSL)
NBA Development League (NBAGL)
NBA2K
NCAA Baseball (NCAABBL)
NCAA Basketball (NCAAB)
NCAA Football (NCAAF)
NCAA Hockey (NCAAH)
Olympic Mens (OLYHKYM)
Other
Other Sports
Overwatch
PGA
Politics
Premier League (PREM)
Romance
Sci-Fi
Science
Soccer
Sports
Sports
Technology
Tennis
Thriller
Truck Series (TRUCK)
True Crime
Ultimate Fighting Championship (UFC)
Uncategorized
US
Valorant
Western
Women’s National Basketball Association (WNBA)
Women’s NCAA Basketball (WNCAAB)
World
World Cup Qualifier (WORLDCUP)
WTA Tour (WTA)
Xfinity (XFT)
XFL
0
-- Advertisement --spot_img
HomeBusinessBunge Limited (NYSE:BG) Financial Performance and Market Outlook

Bunge Limited (NYSE:BG) Financial Performance and Market Outlook

Add to Favorite
Added to Favorite


Arun Sundaram from CFRA set a price target of $90 for Bunge, indicating a potential increase of 4.82% from its current price.
The company reported a decrease in GAAP diluted EPS to $1.56 from $2.47 the previous year, reflecting a challenging global margin environment.
Bunge’s adjusted EPS for Q3 2024 was $2.29, down from $2.99 in the same quarter last year, despite strong performances in specific segments.

Bunge Limited (NYSE:BG) is a global agribusiness and food company that operates in the production, processing, and distribution of agricultural commodities. The company is a key player in the agribusiness sector, competing with firms like Archer Daniels Midland and Cargill. On October 30, 2024, Arun Sundaram from CFRA set a price target of $90 for Bunge, suggesting a potential price increase of 4.82% from its current trading price of $85.86.

During Bunge’s Q3 2024 earnings conference call, key executives, including CEO Greg Heckman and CFO John Neppl, discussed the company’s financial performance. The call, attended by analysts from major financial institutions, provided insights into Bunge’s strategic direction. Despite a decrease in GAAP diluted EPS to $1.56 from $2.47 the previous year, the company remains focused on its growth priorities, including the Viterra integration.

Bunge’s adjusted EPS for Q3 2024 was $2.29, down from $2.99 in the same quarter last year. This decline reflects the challenging global margin environment, despite strong performances in the Agribusiness and Refined and Specialty Oils segments. The company’s market capitalization is approximately $12.16 billion, with a trading volume of 3,393,775 shares on the NYSE.

The stock price of BG has seen fluctuations, with a low of $85.08 and a high of $90.03 on the day of the earnings call. Over the past year, the stock has ranged from a high of $114.92 to a low of $85.08. This volatility highlights the market’s response to Bunge’s financial results and strategic initiatives.

Subscribe to get Latest News Updates

Latest News

You may like more
more

Walmart offers never seen before discounts on electronics, jewelry, vitamins, TVs, toys, for web fans, CWEB reports

Walmart (WMT) is currently offering never-before-seen deep discounts across...

Alphabet stock rises to the Cloud as revenue, earnings beat expectations, CWEB reiterates buy

Alphabet Google (GOOGL) reported its earnings late Tuesday, and...

Prudential Financial, Inc. (NYSE: PRU) Third-Quarter Earnings Overview

Earnings Per Share (EPS) matched the estimated EPS of...

KLA Corporation (NASDAQ:KLAC) Receives New Price Target from Oppenheimer

Ed Yang from Oppenheimer sets a new price target...