Stock Analysis

Bunge Global Full Year 2024 Earnings: EPS Beats Expectations

NYSE:BG
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Bunge Global (NYSE:BG) Full Year 2024 Results

Key Financial Results

  • Revenue: US$53.1b (down 11% from FY 2023).
  • Net income: US$1.14b (down 49% from FY 2023).
  • Profit margin: 2.1% (down from 3.8% in FY 2023).
  • EPS: US$8.09 (down from US$15.07 in FY 2023).
revenue-and-expenses-breakdown
NYSE:BG Revenue and Expenses Breakdown February 24th 2025

All figures shown in the chart above are for the trailing 12 month (TTM) period

Bunge Global EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 18%.

The primary driver behind last 12 months revenue was the Agribusiness segment contributing a total revenue of US$45.9b (86% of total revenue). Notably, cost of sales worth US$49.8b amounted to 94% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to US$1.72b (78% of total expenses). Explore how BG's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Food industry in the US.

Performance of the American Food industry.

The company's shares are up 3.6% from a week ago.

Risk Analysis

It is worth noting though that we have found 2 warning signs for Bunge Global that you need to take into consideration.

Valuation is complex, but we're here to simplify it.

Discover if Bunge Global might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.