Bunge Reports First Quarter 2017 Results
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Bunge Limited (BG) Misses Q1 EPS by 35c
May 3, 2017 6:04 AM EDTBunge Limited (NYSE: BG) reported Q1 EPS of $0.35, $0.35 worse than the analyst estimate of $0.70. Revenue for the quarter came in at $11.12 billion versus the consensus estimate of $8.9 billion.
Q1 GAAP EPS of $0.31 vs. $1.60 last year, $0.35 vs $1.41 on an adjusted basisAgribusiness impacted by delayed farmer selling, shifting results to later in the yearExpect solid earnings growth in 2017Combined Agri-Foods trailing four quarter ROIC of 7.2%; 0.2 points over WACCTrailing four quarter operating cash flow of ~$1.8 billion; trailing four quarter adjusted funds from operations of $1.3 billionOutlook
Thomas Boehlert, Chief... More

