Bunge Ltd.

+2.37 (+2.66%)
Other Pre-Announcement

Bunge Reports First Quarter 2021 Results

Published: 05/04/2021 11:18 GMT
Bunge Ltd. (BG) - Bunge Reports First Quarter 2021 Results.
Q1 GAAP Earnings per Share $5.52.
Sees FY Adjusted Earnings per Share About $7.50.
Increasing Quarterly Common Dividend by 5% to $0.525 per Share.
Optimistic That Favorable Demand Environment in Q1 Will Continue Through 2021.
Increasing Full-year 2021 EPS Outlook to Reflect Strong Q1 and Positive Market Trends.
Qtrly Net Sales $12.96 Billion Versus $9.17 Billion.
Sees 2021 Capital Expenditures in Range of $425 Million to $475 Million.
Q1 Revenue View $10.35 Billion -- Refinitiv Ibes Data (analyst estimates).
Qtrly Adjusted Net Income per Common Share $3.13.
In Agribusiness, Full-year Results Are Expected to Be Higher Than Previous Outlook, But Still Forecasted to Be Down From Last Year.
Bunge - in Refined and Specialty Oils, Full-year Results Expected to Be Up From Previous Outlook and Significantly Higher Compared to Last Year.