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). The decrease in margin was driven by lower revenue.
• EPS: US$8.01 (down from US$15.07 in FY 2023).

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%.

Looking ahead, revenue is forecast to grow 5.0% p.a. on average during the next 2 years, compared to a 2.4% growth forecast for the Food industry in the US.

Performance of the American Food industry.

The company's shares are down 11% from a week ago.

Valuation

It's possible that Bunge Global could be undervalued with our 6-factor valuation analysis indicating a potential opportunity. Click here to find out what a fair price for the stock might be and where analysts see the share price heading over the next year.

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