Bunge 2Q Earnings Pregame Scorecard
After falling below Wall Street expectations last quarter, Bunge (NYSE:BG) will report its latest results on Thursday.
Expectations
Analysts currently expect Bunge to come in with earnings of $1.41 per share on revenues of $15.79 billion. Estimates from analysts range from earnings per share to earnings per share. Over the past two months, the average estimate has moved down from $1.44.
Stock Movement
The stock fell $4.64 per share between May 10, 2012 and May 18, 2012. Looking at change over the last three months, April 25, 2012 and July 20, 2012, the stock price fell $4.35 (-6.5%), from $67.44 to $63.09.
Company Fundamental Trends
Stock Ratings
Analysts are bullish on the stock as five analysts rate it as a buy and there are no sell ratings. Analyst sentiment has been waning recently, as the average rating has dropped slightly over the past three months.
Last Quarter's Results
In the first quarter, profit fell 60.3% to $92 million (57 cents a share) from $232 million ($1.49 a share) the year earlier, missing analyst expectations. Revenue rose 10.3% to $13.45 billion from $12.19 billion.
Summary
Reporting Period: 2Q
Date of Release: Thursday, July 26, 2012 before market open
EPS: $1.41
Revenue Estimate: $15.79 billion
(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)