Bunge Global SA (BG) revealed earnings for first quarter that decreased from last year but beat the Street estimates.
The company's bottom line totaled $201 million, or $1.48 per share. This compares with $244 million, or $1.68 per share, last year.
Excluding items, Bunge Global SA reported adjusted earnings of $244 million or $1.81 per share for the period.
Analysts on average had expected the company to earn $1.31 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 13.2% to $11.643 billion from $13.417 billion last year.
Bunge Global SA earnings at a glance (GAAP) :
-Earnings: $201 Mln. vs. $244 Mln. last year.
-EPS: $1.48 vs. $1.68 last year.
-Revenue: $11.643 Bln vs. $13.417 Bln last year.
-Guidance:
Full year EPS guidance: $7.75
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