Latest news with #BG
Yahoo
30-07-2025
- Business
- Yahoo
Here's What Key Metrics Tell Us About Bunge Global (BG) Q2 Earnings
For the quarter ended June 2025, Bunge Global (BG) reported revenue of $12.77 billion, down 3.6% over the same period last year. EPS came in at $1.31, compared to $1.73 in the year-ago quarter. The reported revenue represents a surprise of +12.45% over the Zacks Consensus Estimate of $11.36 billion. With the consensus EPS estimate being $1.19, the EPS surprise was +10.08%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health. As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately. Here is how Bunge Global performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Volumes - Agribusiness: 19,274.00 Kmt versus the two-analyst average estimate of 17,717.29 Kmt. Volumes - Milling products: 857.00 Kmt compared to the 992.85 Kmt average estimate based on two analysts. Volumes - Refined & Specialty Oils: 2,175.00 Kmt versus the two-analyst average estimate of 2,208.00 Kmt. Net sales to external customers- Agribusiness: $9.17 billion versus $7.75 billion estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -5.1% change. Net sales to external customers- Milling products: $409 million versus $419.12 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +2% change. Net sales to external customers- Refined & Specialty Oils: $3.18 billion versus $3.18 billion estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +1.8% change. Adjusted Segment EBIT- Agribusiness: $233 million versus $202.09 million estimated by two analysts on average. Adjusted Segment EBIT- Corporate and Other: $-83 million compared to the $-97.9 million average estimate based on two analysts. Adjusted Segment EBIT- Milling products: $27 million compared to the $25.74 million average estimate based on two analysts. Adjusted Segment EBIT- Refined & Specialty Oils: $116 million versus $138.56 million estimated by two analysts on average. View all Key Company Metrics for Bunge Global here>>> Shares of Bunge Global have returned -4.9% over the past month versus the Zacks S&P 500 composite's +3.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Bunge Global SA (BG) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
The Hindu
30-07-2025
- The Hindu
3 accidents involving train-road traffic collisions in 3.5 years: Railway Minister
During the past three years and the current financial year up to July 20, 2025, there have been a total of three train accidents involving collisions at manned level crossing gates across the country, Railway Minister Ashwini Vaishnaw said in the Lok Sabha on Wednesday (July 30, 2025). Mr. Vaishnaw responded to questions concerning a recent incident involving a collision between a train and a school bus at a manned level crossing gate in the Tiruchchirappalli Rail Division (Cuddalore District) in Tamil Nadu, which resulted in the death of three students. In a written reply, the Minister detailed that the collision occurred on the morning of July 8, 2025, at the non-interlocked manned level crossing (MLC) gate no 170 on the Villupuram-Mayiladuturai section of the Tiruchchirappalli division of the southern railway. "In the said incident, three persons lost their lives and three persons sustained simple injuries. An inquiry has been set up to investigate the accident," he added. Regarding compensation, the Union Minister noted that the railways paid a total of ₹16 lakh to the next of kin of deceased and injured victims in train accidents at level crossings during the last three years, from 2022-23 to 2024-25. "In the Cuddalore collision case, an ex-gratia amount of ₹11 lakh has been paid to the next of kin of deceased and injured individuals," Mr. Vaishnaw said. He also highlighted the ongoing interlocking work aimed at eliminating manned level crossings and explained that the interlocking of a level crossing gate is a safety mechanism that ensures signals protecting the crossing gate will only allow a train to proceed when the route is clear, and the gate is closed and locked. "Presently, 11,096 manned level crossing gates have been interlocked. In Tamil Nadu, 1,053 manned level crossing gates have been interlocked so far, out of a total of 1,255 manned level crossing gates in the state. Further, the interlocking work has been taken up at 72 manned level crossings in the State," Mr. Vaishnaw said. He added that all Unmanned Level Crossings (UMLCs) on the running lines of the Broad Gauge (BG) network were eliminated by January 31, 2019. The Minister also discussed the construction of road-over-bridges (ROBs) and road-under-bridges (RUBs) as measures to eliminate level crossings. He explained that level crossings can be eliminated either by constructing ROBs/RUBs or by directly closing low-traffic crossings or diverting road traffic to nearby facilities, depending on site conditions. From 2004 to 2014, 4,148 ROBs and RUBs were built, while from 2014 until June 2025, a total of 13,426 ROBs/RUBs have been constructed, he said. Mr. Vaishnaw noted that as of April 1, 2025, 4,402 ROBs/RUBs have been sanctioned for ₹1,00,860 crore for the railways, including 235 ROBs/RUBs in Tamil Nadu for ₹4,669 crore, which are at various stages of planning and execution. "There are 92 LCs in Cuddalore, out of which 11 LCs were sanctioned for elimination by ROB/RUB. However, due to non-receipt of consent for closure for construction from the Tamil Nadu government, 7 RUB works could not be taken up," the Union Minister mentioned.
Washington Post
30-07-2025
- Business
- Washington Post
Bunge Global: Q2 Earnings Snapshot
ST. LOUIS — ST. LOUIS — Bunge Global SA (BG) on Wednesday reported second-quarter net income of $354 million. The St. Louis-based company said it had net income of $2.61 per share. Earnings, adjusted for non-recurring gains, came to $1.31 per share. The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.19 per share.
Yahoo
25-07-2025
- Business
- Yahoo
Bunge Ready to Report Q2 Earnings: What's in Store for the Stock?
Bunge Global SA BG is scheduled to report second-quarter 2025 results on July 30, before market open. The Zacks Consensus Estimate for BG's second-quarter sales is pegged at $11.4 billion, indicating a 14.2% decline from the prior-year quarter's reported consensus mark for earnings is pegged at $1.19 per share, indicating a year-over-year plunge of 31.2%. Earnings estimates have been unchanged in the past 30 days. Image Source: Zacks Investment Research BG's Earnings Surprise History Bunge's earnings have outpaced the consensus estimate in two of the trailing four quarters and missed twice, the average surprise being 9.2%. Image Source: Zacks Investment Research What the Zacks Model Unveils for Bunge Our proven model does not conclusively predict an earnings beat for Bunge this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. But that is not the case can uncover the best stocks before they are reported with our Earnings ESP ESP: The Earnings ESP for Bunge is 0.00%.Zacks Rank: BG currently carries a Zacks Rank of 3. Factors Likely to Have Shaped BG's Q2 Performance The Zacks Consensus Estimate for the Agribusiness segment's revenues is pegged at $7.75 billion, indicating a decline of 19.7% from the prior-year quarter's reported figure of $9.66 billion. Volumes for the Agribusiness segment are projected at 17,717 thousand metric tons, suggesting a 13.9% decline from the year-ago quarter's segment's adjusted segment earnings before interest and tax (EBIT) are projected at $202 million, indicating a 32% plunge from the year-ago quarter. The merchandising business is expected to witness a 21% increase in EBIT to $40 million in the quarter. The processing business's EBIT is anticipated to plunge 47.5% to $139 million as improved performance in South America is expected to be more than offset by North America and European Zacks Consensus Estimate for the Refined and Specialty Oils segment's revenues is pegged at $3.18 billion, indicating 1.8% growth from the year-earlier quarter's actual. Volumes for the segment are projected at 2,208 thousand metric tons, suggesting a 4% decline from the year-ago quarter. The segment is expected to reflect lower results across all regions, barring Asia. The estimate for the segment's operating income is $138.5 million, implying a 28.2% drop from the year-ago quarter's Zacks Consensus Estimate for the Milling segment's revenues is pegged at $419 million, indicating a 4.5% rise from the year-ago period's reported figure. Volumes for the Milling segment are projected at 993 thousand metric tons, implying 2.2% growth from the 971 thousand metric tons reported in the year-ago results in North America are expected to have been offset by lower results in South America, where high raw material costs have been pressuring margins. The estimate for the segment's operating income is $25.7 million, suggesting an 8.2% decline from the $28 million reported in the second quarter of results are likely to reflect the loss of income due to the sale of the Sugar and Bioenergy segment, which was completed on Oct. 1, 2024. BG Stock's Price Performance Shares of Bunge have lost 29.7% over the past year compared with the industry's 11.5% decline. Image Source: Zacks Investment Research Stocks Poised to Beat Estimates Here are some Basic Materials stocks, which, according to our model, have the right combination of elements to post an earnings beat in their upcoming American Silver PAAS, slated to release second-quarter 2025 earnings on Aug 6, has an Earnings ESP of +4.9% and flaunts a Zacks Rank of 1 at present. You can see the complete list of today's Zacks #1 Rank stocks here. The consensus mark for Pan American Silver's revenues is $766.8 million, indicating year-over-year growth of 11.7%. The Zacks Consensus Estimate for PAAS' earnings for the second quarter is pegged at 38 cents per share. The estimate indicates a significant climb from earnings of 11 cents per share reported in the year-ago quarter. PAAS has a trailing four-quarter average earnings surprise of 36.7%.Wheaton Precious Metals WPM, scheduled to release second-quarter earnings on Aug 7, has an Earnings ESP of +0.12% and a Zacks Rank of 2. The Zacks Consensus Estimate for Wheaton Precious Metals' revenues is $460.5 million, implying year-over-year growth of 53.9%. WPM's earnings for the second quarter are pegged at 57 cents per share, indicating a year-over-year surge of 72.7%. Wheaton Precious Metals has a trailing four-quarter average earnings surprise of 5.9%.CSW Industrials, Inc. CSW, slated to release first-quarter fiscal 2026 earnings on July 31, has an Earnings ESP of +4.38% and a Zacks Rank of 3 at consensus mark for CSW Industrials' first-quarter revenues is $277 billion, implying year-over-year growth of 22.5%. The consensus mark for earnings is pegged at $2.74 per share. It indicates a year-over-year rise of 10.9%.CSW Group has a trailing four-quarter average earnings surprise of 7.8%. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Bunge Global SA (BG) : Free Stock Analysis Report Pan American Silver Corp. (PAAS) : Free Stock Analysis Report Wheaton Precious Metals Corp. (WPM) : Free Stock Analysis Report CSW Industrials, Inc. (CSW) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
25-07-2025
- Business
- Yahoo
AM Best Assigns Credit Ratings to Commercial Re Overseas Limited
MEXICO CITY, July 24, 2025--(BUSINESS WIRE)--AM Best has assigned a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating (Long-Term ICR) of "a" (Excellent) to Commercial Re Overseas Limited (CRe) (Road Town, British Virgin Islands). The outlook assigned to these Credit Ratings (ratings) is stable. The ratings reflect CRe's balance sheet strength, which AM Best assesses as strongest, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management (ERM). CRe is the captive reinsurer of Banco General, S.A. (BG), one of the largest banks in Panama. The market scope of CRe is limited to accept business from General de Seguros, S.A. (GS), its sister company. GS has a Long-Term ICR of "a" (Excellent) with a stable outlook and is an insurance subsidiary of BG. CRe and BG are ultimately owned by Grupo Financiero BG, S.A. (Panama), a publicly listed company with USD 3.7 billion in equity as of December 2024. CRe's business profile is considered neutral to the ratings due to the company being fully integrated into the group's operations. This interconnection allows CRe to leverage the group's resources, expertise and technological advances, enhancing operational efficiency. Concerns regarding concentration are mitigated by the fact that the company has served for 30 years as a captive to BG, and the importance of BG to Panama's financial system. AM Best assesses CRe's balance sheet strength at the strongest level due to its ample capital base with a clearly defined risk appetite. Somewhat limiting this assessment is the quality of capital concentrated in retained earnings rather than paid capital; nevertheless, dividend distribution has been prudent, historically. As of December 2024, the company reported sound underwriting ratios, due to a double screening on the underwriting side (by BG and GS) and to the operational efficiencies related to common processes with BG. The company has presented good profitability and quality of underwriting during the past years, rendering the operating performance strong. AM Best assesses CRe's ERM as appropriate, as the company has a clear risk management structure backed by the group's knowledge and aims to comply with its defined risk appetite according to its tolerances. The stable outlooks reflect AM Best's expectation that CRe will continue to develop its strategy in a profitable way, while maintaining its current level of risk-adjusted capitalization, as measured by Best's Capital Adequacy Ratio (BCAR), and prudent capital management practices. Factors that might lead to negative rating actions include any major changes in CRe's capital base, such as significant dividends or capital outflows, which diminish AM Best's view of the company's balance sheet strength. Negative rating actions could also take place if there are significant disruptions in business generation tied to its parent company that could impact either revenue or profitability. Although unlikely, positive rating actions could take place as a result of a change in AM Best's perception regarding the strategic importance of CRe to the group. This press release relates to Credit Ratings that have been published on AM Best's website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best's Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings. For information on the proper use of Best's Credit Ratings, Best's Performance Assessments, Best's Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best's Ratings & Assessments. AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit Copyright © 2025 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED. View source version on Contacts Olga Rubo, FRM, CPCU Associate Director, Analytics +52 55 1102 2720, ext. 134 Christopher Sharkey Associate Director, Public Relations +1 908 882 2310 Alfonso Novelo Senior Director, Analytics +52 55 1102 2720, ext. 107 Al Slavin Senior Public Relations Specialist +1 908 882 2318
