Bunge (NYSE:BG) reported its Q1 earnings results on Wednesday, May 3, 2023 at 06:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Bunge beat estimated earnings by 0.62%, reporting an EPS of $3.26 versus an estimate of $3.24.
Revenue was down $552.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.02 which was followed by a 2.13% drop in the share price the next day.
Here’s a look at Bunge’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 3.22 | 2.47 | 3.35 | 2.94 |
| EPS Actual | 3.24 | 3.45 | 2.97 | 4.26 |
| Revenue Estimate | 18.22B | 16.68B | 16.81B | 14.80B |
| Revenue Actual | 16.66B | 16.76B | 17.93B | 15.88B |
To track all earnings releases for Bunge visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
