Overview

* Bunge Q3 revenue beats analyst expectations, adjusted EPS also exceeds estimates

* Company repurchased $545 mln of shares during the quarter

* GAAP EPS from continuing operations decreased to $0.86 from $1.56 last year

Outlook

* Bunge still expects full-year 2025 adjusted EPS between $7.30 and $7.60

* Company anticipates 2025 net interest expense of $380 to $400 mln

* Bunge projects 2025 capital expenditures between $1.6 bln and $1.7 bln

Result Drivers

* SOYBEAN PROCESSING - Improved results driven by higher margins, strong execution, and Viterra's South American assets

* SOFTSEED PROCESSING - Higher results due to increased margins and Viterra's assets and capabilities

* EXPANDED FOOTPRINT - Increased production capacity and efficiency from Viterra transaction enhanced results

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Beat $22.15 $20.04

Revenue bln bln (6

Analysts

)

Q3 Beat $2.27 $2.09 (6

Adjusted Analysts

EPS )

Q3 Net $166 mln

Income

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the food processing peer group is "buy"

* Wall Street's median 12-month price target for Bunge Global SA ( BG ) is $102.45, about 8.3% above its November 4 closing price of $93.90

* The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 10 three months ago

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)