Latest news with #BungeGlobalSA
Yahoo
15-05-2025
- Business
- Yahoo
Bunge Global's (NYSE:BG) Shareholders Have More To Worry About Than Only Soft Earnings
A lackluster earnings announcement from Bunge Global SA (NYSE:BG) last week didn't sink the stock price. We think that investors are worried about some weaknesses underlying the earnings. Our free stock report includes 3 warning signs investors should be aware of before investing in Bunge Global. Read for free now. For anyone who wants to understand Bunge Global's profit beyond the statutory numbers, it's important to note that during the last twelve months statutory profit gained from US$313m worth of unusual items. While it's always nice to have higher profit, a large contribution from unusual items sometimes dampens our enthusiasm. We ran the numbers on most publicly listed companies worldwide, and it's very common for unusual items to be once-off in nature. Which is hardly surprising, given the name. Assuming those unusual items don't show up again in the current year, we'd thus expect profit to be weaker next year (in the absence of business growth, that is). That might leave you wondering what analysts are forecasting in terms of future profitability. Luckily, you can click here to see an interactive graph depicting future profitability, based on their estimates. We'd posit that Bunge Global's statutory earnings aren't a clean read on ongoing productivity, due to the large unusual item. Because of this, we think that it may be that Bunge Global's statutory profits are better than its underlying earnings power. In further bad news, its earnings per share decreased in the last year. At the end of the day, it's essential to consider more than just the factors above, if you want to understand the company properly. With this in mind, we wouldn't consider investing in a stock unless we had a thorough understanding of the risks. Every company has risks, and we've spotted 3 warning signs for Bunge Global you should know about. Today we've zoomed in on a single data point to better understand the nature of Bunge Global's profit. But there are plenty of other ways to inform your opinion of a company. Some people consider a high return on equity to be a good sign of a quality business. While it might take a little research on your behalf, you may find this free collection of companies boasting high return on equity, or this list of stocks with significant insider holdings to be useful. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) 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.
Yahoo
09-05-2025
- Business
- Yahoo
U.S. farm economy is starting to see first hits from Trump tariffs
President Trump's tariffs are upending crop trading, delaying tractor purchases and constraining imports of chemical supplies into the United States. That's the main message from big agricultural businesses as they report their quarterly earnings, giving an early glimpse into the far-reaching impacts of the U.S. president's trade war. The disruptions in global trade threaten to extend a years-long slump in the U.S. farm industry, which had already been struggling with ample supplies, depressed crop prices and rising competition from Brazil. Lack of clarity on how the Trump administration will address much-needed incentives for crop-based fuels in the next few years has added to concerns. Crop traders and processors have been among the hardest-hit. Archer-Daniels-Midland Co. and Bunge Global SA saw their combined operating profits slump by about $750 million in the first quarter, with both companies citing an impact from trade and biofuel policy uncertainty. Importers put off purchases of U.S. grain and oilseeds as Trump threatened tariffs as well as levies on any Chinese vessels docking at American ports, reducing trade flows, according to crop merchant the Andersons. 'Global trade uncertainties disrupted typical grain flows and caused many of our commercial customers to focus on just-in-time purchasing,' William Krueger, the Andersons' chief executive, said Wednesday in a call with investors. Tractor makers CNH Industrial NV and AGCO Corp. also reported lower first-quarter sales, and warned of the possibility of reduced demand for farmers, potentially giving them less to spend on machines to plant, harvest and treat their fields. Both companies have raised prices to ease the impact of tariffs on costs. 'Geopolitical uncertainties and trade frictions have dampened U.S. farmer sentiment recently,' AGCO CEO Eric Hansotia said during a conference call with analysts. 'As a result, demand for machinery was lower in the quarter than we had expected.' Duties also threaten to curb imports of some fertilizer and pesticide supplies. Shipments of phosphate — a key crop nourishing ingredient — into the U.S. have trailed last year's levels because vessels have been diverted to other countries to avoid the nation's 10% tariff, Mosaic Co. said in its earnings statement. 'The phosphate market remains tight, and while tariffs could disrupt trade flows, they cannot create more phosphate supply,' CEO Bruce Bodine said on a conference call with investors. Farmers are expected to pay more for pesticides as the U.S. relies on tariff-hit countries such as China and India for some of its supplies. Nutrien Ltd. said its branded products could potentially cost as much as 7.5% more, with even higher adjustments expected for generic ingredients. 'Long story short is, we're going to see price increases,' Jeff Tarsi, Nutrien's president of global retail, said on a Thursday call. 'Our plan is to pass those price increases through to our customers.' Brazil is emerging as a winner from the trade tensions. Minerva SA said tariff turmoil drove increased Chinese demand and higher export prices for South American beef in the first quarter, helping lift profits for the Brazilian supplier. Meanwhile, China has effectively shut its market for U.S. meat exporters, including Smithfield Foods. China, the world's largest commodity importer, has already shifted to Brazil for a meaningful part of its soybean needs since Trump first raised tariffs on goods from the Asian nation in 2018. 'Any harmful impacts to the U.S. grower profitability stemming from tariffs and trade flow shifts' are likely to benefit Brazilian growers, Jenny Wang, executive vice president of commercial at Mosaic, said in the call with analysts. Freitas writes for Bloomberg. Sign up for our Wide Shot newsletter to get the latest entertainment business news, analysis and insights. This story originally appeared in Los Angeles Times. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Los Angeles Times
09-05-2025
- Business
- Los Angeles Times
U.S. farm economy is starting to see first hits from Trump tariffs
Donald Trump's tariffs are upending crop trading, delaying tractor purchases and constraining imports of chemical supplies into the US. That's the main message from big agricultural businesses as they report their quarterly earnings, giving an early glimpse into the far-reaching impacts of the US president's trade war. The disruptions in global trade threaten to extend a years-long slump in the US farm industry, which had already been struggling with ample supplies, depressed crop prices and rising competition from Brazil. Lack of clarity on how the Trump administration will address much-needed incentives for crop-based fuels in the next few years has added to concerns. Crop traders and processors have been among the hardest-hit. Archer-Daniels-Midland Co. and Bunge Global SA saw their combined operating profits slump by about $750 million in the first quarter, with both companies citing an impact from trade and biofuel policy uncertainty. Importers put off purchases of US grain and oilseeds as Trump threatened tariffs as well as levies on any Chinese vessels docking at American ports, reducing trade flows, according to crop merchant The Andersons Inc. 'Global trade uncertainties disrupted typical grain flows and caused many of our commercial customers to focus on just-in-time purchasing,' William Krueger, The Andersons chief executive officer, said Wednesday in a call with investors. Tractor makers CNH Industrial NV and AGCO Corp. also reported lower first-quarter sales, and warned of the potential of reduced demand for farmers, which would give them less to spend on machines to plant, harvest and treat their fields. Both companies have raised prices to ease the impact of tariffs on costs. 'Geopolitical uncertainties and trade frictions have dampened US farmer sentiment recently,' AGCO CEO Eric Hansotia said during a conference call with analysts. 'As a result, demand for machinery was lower in the quarter than we had expected.' Duties also threaten to curb imports of some fertilizer and pesticide supplies. Shipments of phosphate — a key crop nourishing ingredient — into the US have trailed last year's levels because vessels have been diverted to other countries to avoid the nation's 10% tariff, Mosaic Co. said in its earnings statement. 'The phosphate market remains tight, and while tariffs could disrupt trade flows, they cannot create more phosphate supply,' CEO Bruce Bodine said on a conference call with investors. Farmers are expected to pay more for pesticides as the US relies on tariff-hit countries such as China and India for some of its supplies. Nutrien Ltd. said its branded products could potentially cost as much as 7.5% more, with even higher adjustments expected for generic ingredients, as a result. 'Long story short is, we're going to see price increases,' Jeff Tarsi, Nutrien's president of global retail, said on a Thursday call. 'Our plan is to pass those price increases through to our customers.' Brazil is emerging as a winner from the trade tensions. Minerva SA said tariff turmoil drove increased Chinese demand and higher export prices for South American beef in the first quarter, helping lift profits for the Brazilian supplier. Meanwhile, China has effectively shut its market for US meat exporters including Smithfield Foods Inc. China, the world's largest commodity importer, has already shifted to Brazil for a meaningful part of its soybean needs since Trump first raised tariffs on goods from the Asian nation in 2018. 'Any harmful impacts to the US grower profitability stemming from tariffs and trade flow shifts' are likely to benefit Brazilian growers, Jenny Wang, executive vice president of commercial at Mosaic, said in the call with analysts. Freitas writes for Bloomberg.
Yahoo
09-05-2025
- Business
- Yahoo
US farm economy is starting to see first hits from Trump tariffs
(Bloomberg) — Donald Trump's tariffs are upending crop trading, delaying tractor purchases and constraining imports of chemical supplies into the US. That's the main message from big agricultural businesses as they report their quarterly earnings, giving an early glimpse into the far-reaching impacts of the US president's trade war. The disruptions in global trade threaten to extend a years-long slump in the US farm industry, which had already been struggling with ample supplies, depressed crop prices and rising competition from Brazil. Lack of clarity on how the Trump administration will address much-needed incentives for crop-based fuels in the next few years has added to concerns. Crop traders and processors have been among the hardest-hit. Archer-Daniels-Midland Co. and Bunge Global SA saw their combined operating profits slump by about $750 million in the first quarter, with both companies citing an impact from trade and biofuel policy uncertainty. Importers put off purchases of US grain and oilseeds as Trump threatened tariffs as well as levies on any Chinese vessels docking at American ports, reducing trade flows, according to crop merchant The Andersons Inc. 'Global trade uncertainties disrupted typical grain flows and caused many of our commercial customers to focus on just-in-time purchasing,' William Krueger, The Andersons chief executive officer, said Wednesday in a call with investors. Tractor makers CNH Industrial NV and AGCO Corp. also reported lower first-quarter sales, and warned of the potential of reduced demand for farmers, which would give them less to spend on machines to plant, harvest and treat their fields. Both companies have raised prices to ease the impact of tariffs on costs. 'Geopolitical uncertainties and trade frictions have dampened US farmer sentiment recently,' AGCO CEO Eric Hansotia said during a conference call with analysts. 'As a result, demand for machinery was lower in the quarter than we had expected.' Duties also threaten to curb imports of some fertilizer and pesticide supplies. Shipments of phosphate — a key crop nourishing ingredient — into the US have trailed last year's levels because vessels have been diverted to other countries to avoid the nation's 10% tariff, Mosaic Co. said in its earnings statement. 'The phosphate market remains tight, and while tariffs could disrupt trade flows, they cannot create more phosphate supply,' CEO Bruce Bodine said on a conference call with investors. Farmers are expected to pay more for pesticides as the US relies on tariff-hit countries such as China and India for some of its supplies. Nutrien Ltd. said its branded products could potentially cost as much as 7.5% more, with even higher adjustments expected for generic ingredients, as a result. 'Long story short is, we're going to see price increases,' Jeff Tarsi, Nutrien's president of global retail, said on a Thursday call. 'Our plan is to pass those price increases through to our customers.' Brazil is emerging as a winner from the trade tensions. Minerva SA said tariff turmoil drove increased Chinese demand and higher export prices for South American beef in the first quarter, helping lift profits for the Brazilian supplier. Meanwhile, China has effectively shut its market for US meat exporters including Smithfield Foods Inc. China, the world's largest commodity importer, has already shifted to Brazil for a meaningful part of its soybean needs since Trump first raised tariffs on goods from the Asian nation in 2018. 'Any harmful impacts to the US grower profitability stemming from tariffs and trade flow shifts' are likely to benefit Brazilian growers, Jenny Wang, executive vice president of commercial at Mosaic, said in the call with analysts. —With assistance from Michael Hirtzer and Ilena Peng. ©2025 Bloomberg L.P.
Yahoo
07-05-2025
- Business
- Yahoo
BG Q1 Earnings Beat, Revenues Down Y
Bunge Global SA BG reported first-quarter 2025 adjusted earnings of $1.81 per share, which beat the Zacks Consensus Estimate of $1.27 by a margin of 42.5%. The bottom line, however, marked a 40.5% year-over-year plunge due to weak results across its segments. Including one-time items, the company posted earnings per share of $1.48 compared with $1.68 in the year-ago quarter. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.) Bunge Global SA Price, Consensus and EPS Surprise Bunge Global SA Price, Consensus and EPS Surprise Bunge Global SA price-consensus-eps-surprise-chart | Bunge Global SA Quote Bunge Global's net sales were $11.6 billion, down 13% from the year-ago quarter. The top line also missed the Zacks Consensus Estimate of $12.8 billion. Bunge Global's Cost & Margin Performances in Q1 The cost of sales was $11 billion, down 12% from the prior-year quarter. Gross profit plunged 32% year over year to $597 million. Selling and administrative expenses were $380 million, down 13% year over year. Bunge Global reported an operating profit of $328 million, which marked a 24% decline from $433 million in the year-ago quarter. Adjusted total segment operating profit slumped 46% year over year to $362 million. Total segment operating margin contracted 190 basis points to 3.1% from the first quarter of 2024. BG's Segmental Performances in Q1 Agribusiness: The segment's sales declined 16% year over year to $8.2 billion. Volumes were 18,277 thousand metric tons compared with 20,192 thousand metric tons in the year-ago quarter. Adjusted operating profit for the segment declined 45% year over year to $268 million due to lower results in both merchandising and processing. The merchandising business' adjusted operating profit was $61 million, marking a 19.7% decline from the year-ago quarter as improved performance in global grains and financial services business was more than offset by lower results in ocean freight. The processing business' adjusted operating profit plunged 50% year over year to $207 million. Higher results in Brazil, Europe and Asia soy crush value chains were offset by weaker results in North America, Argentina and European softseeds. Refined & Specialty Oils: The segment's sales fell 4.6% year over year to $3.1 billion. Volumes were 2,130 thousand metric tons compared with 2,195 thousand metric tons in the year-ago quarter. The segment reported an adjusted operating profit of $123 million, a 39.7% drop from the year-ago quarter's $204 million. This was attributed to lower results across all regions, barring Asia. Milling: The segment's sales decreased 2% year over year to $375 million. Volumes were up 2.7% year over year to 898 thousand metric tons. The segment reported an adjusted operating profit of $15 million, marking a 46% decline from the first quarter of 2024. Improved results in North America were offset by lower results in South America.
