Bunge Limited

(New York Stock Exchange)
Back to all articles
Bullish +65

Bunge (BG) Reports Q1 Adjusted EPS of $1.83 - Insider Monkey

AI-generated analysis

πŸ“ˆ Bunge reported Q1 adjusted EPS of $1.83, a slight increase from $1.81 in the prior year.

πŸ’° Revenue for Q1 totaled $21.86 billion, falling short of the $23.37 billion consensus estimate.

πŸš€ The company raised its FY26 adjusted EPS outlook to $9.00-$9.50 from a previous range of $7.50-$8.00.

🌱 Higher results are expected in Soybean Processing and Refining and Softseed Processing and Refining segments.

πŸ“‰ Tropical Oils and Specialty Ingredients segments are expected to show lower results compared to prior expectations.

πŸ’Έ Bunge reaffirmed its FY26 capital expenditure guidance between $1.5 billion and $1.7 billion.

🏦 Barclays raised its price target on Bunge shares to $150 from $145 following the earnings report.

πŸ“Š CEO Greg Heckman cited a strong global platform as key to managing risks in a complex market environment.

Bullish Signals
  • Bunge delivered a 'strong first quarter' according to CEO Greg Heckman despite challenging geopolitical conditions.
  • The company raised its full-year 2026 adjusted EPS guidance significantly to $9.00-$9.50, well above the analyst consensus of $8.41.
  • Barclays increased its price target to $150 and maintained an Overweight rating on the stock.
  • The company reaffirmed its capital expenditure guidance, indicating confidence in future investment plans.
Risk Factors
  • Q1 revenue of $21.86 billion missed the analyst consensus estimate of $23.37 billion.
  • Results are expected to be lower in the Tropical Oils and Specialty Ingredients segments compared to prior expectations.
  • The company operates in a complex market environment characterized by geopolitical uncertainty and shifting trade flows.
Full Analysis
Bunge Global SA (NYSE:BG) reported first-quarter adjusted earnings per share of $1.83, slightly beating the prior year's $1.81 but missing analyst consensus revenue expectations of $23.37 billion with actuals of $21.86 billion. CEO Greg Heckman characterized the quarter as strong, noting that the company's global platform successfully managed risks and captured opportunities amidst geopolitical uncertainty and shifting trade flows. The company significantly raised its full-year 2026 adjusted EPS outlook to a range of $9.00-$9.50, up from the previous guidance of $7.50-$8.00, which was above the consensus estimate of $8.41. This upward revision is driven by higher expected results in Soybean Processing and Refining and Softseed Processing and Refining segments, while Tropical Oils and Specialty Ingredients are projected to be lower. Bunge reaffirmed its capital expenditure guidance for FY26 at $1.5 billion to $1.7 billion. Following the earnings release, Barclays raised its price target on Bunge shares to $150 from $145 while maintaining an Overweight rating. The article concludes with promotional content regarding Insider Monkey's investment strategy and links to other unrelated stock news stories.