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Correction: Bunge Q4 Profit Down - Quick Facts

correction: corrects last year's figure for net income to Bunge common shareholders in the first para.

Bunge Ltd. (BG) posted a decline in its fourth-quarter net income attributable to the company to $254 million from $301 million in the prior-year quarter, with net income to Bunge common shareholders dropping to $245 million from $292 million in the previous year.

Quarterly earnings per share were $1.65, a decrease from $1.95 in the earlier year quarter. Earnings per share, excluding certain gains & charges, amounted to $1.99 a year earlier. On average, 12 analysts polled by Thomson Reuters expected earnings per share of $1.57 for the quarter. Analysts' estimates typically exclude one-time items.

Net sales for the three-month period were $16.44 billion, higher than last year's $12.73 billion, while eight analysts estimated revenues of $13.73 billion for the quarter.

by RTT Staff Writer

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