Bunge Global: Q4 Financial Results Overview

Bunge Global SA Reports Strong Fourth-Quarter Results

Bunge Global SA, headquartered in St. Louis, announced a net profit of $95 million for the fourth quarter.

The company earned 49 cents per share in net income. After adjusting for one-time expenses and merger-related costs, earnings reached $1.99 per share.

These adjusted earnings exceeded analysts’ expectations, as the consensus from three Zacks Investment Research analysts predicted $1.82 per share.

During the quarter, Bunge Global generated $23.76 billion in revenue.

For the entire year, the company reported a total profit of $816 million, or $4.91 per share, with annual revenue totaling $70.33 billion.

Looking ahead, Bunge Global anticipates full-year earnings to fall between $7.50 and $8 per share.

The company’s stock has climbed 31% since the start of the year and has surged 56% over the past twelve months.