Bunge Global SA, a Missouri-based agribusiness, is set to release second-quarter earnings. Analysts predict a profit of $1.19 per share, a 31.2% decrease from the year-ago quarter. For fiscal 2025, EPS is expected to be $7.73, down 15.9%, but fiscal 2026 may see a 12.4% increase to $8.69 per share.
Shares of Bunge Global have fallen 30.6% in the past year, performing worse than the S&P 500 and Consumer Staples Select Sector SPDR Fund. After lackluster Q1 results, the stock dropped 2.9%, with a 13.2% decline in net sales and a 44.7% decrease in adjusted net income.
Despite recent challenges, Bunge Global holds a consensus “Moderate Buy” rating. Of seven analysts, four recommend “Strong Buy” and three suggest “Hold.” The mean price target of $85.88 indicates an 11.9% potential upside from current levels.
Read more at Yahoo Finance: Bunge Global Earnings Preview: What to Expect
