logo
Share SHARE
FONT-SIZE Plus   Neg

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

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
A search has been launched for a dog that was placed aboard a wrong WestJet flight and ended up in Hamilton. The labradoodle named Cooper was mistakenly put on a flight to Hamilton and got off its leash in the Ontario city after it was taken out of its kennel by airline staff for a walk. Network management services provider Real Matters Inc. has filed preliminary prospectus for initial public offering in Canada. The filing is done with Ontario Securities Commission. According to Bloomberg, the Canadian real estate data firm is planning to raise around C$125 million or $96 million. Struggling women's apparel retailer Bebe Stores Inc. will close all its stores by the end of May 2017. In a filing with the Securities and Exchange Commission on Friday, Brisbane, California-based Bebe said it expects to incur an impairment charge of about $20 million as a result of the store closures.
comments powered by Disqus
Follow RTT