WASHINGTON (dpa-AFX) - Bunge Global SA (BG) announced earnings for its second quarter that Increased from last year and beat the Street estimates.
The company's earnings came in at $354 million, or $2.61 per share. This compares with $70 million, or $0.48 per share, last year.
Excluding items, Bunge Global SA reported adjusted earnings of $178 million or $1.31 per share for the period.
Analysts on average had expected the company to earn $1.08 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 3.5% to $12.77 billion from $13.24 billion last year.
Bunge Global SA earnings at a glance (GAAP) :
-Earnings: $354 Mln. vs. $70 Mln. last year. -EPS: $2.61 vs. $0.48 last year. -Revenue: $12.77 Bln vs. $13.24 Bln last year.
-Guidance: Full year EPS guidance: $7.75
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