With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook. These revisions typically reflect the latest short-term business trends, which can change frequently. Our most recent consensus estimate is calling for quarterly revenue of $14.73 billion, down 7.23% from the year-ago period.įor the full year, our Zacks Consensus Estimates are projecting earnings of $11.83 per share and revenue of $63.34 billion, which would represent changes of -14.95% and -5.78%, respectively, from the prior year.Īny recent changes to analyst estimates for Bunge should also be noted by investors. On that day, Bunge is projected to report earnings of $3.44 per share, which would represent a year-over-year decline of 19.25%. In that same time, the Basic Materials sector lost 2.06%, while the S&P 500 gained 0.07%.īunge will be looking to display strength as it nears its next earnings release. Elsewhere, the Dow lost 0.12%, while the tech-heavy Nasdaq lost 3.64%.Ĭoming into today, shares of the agribusiness and food company had lost 1.4% in the past month. The stock outpaced the S&P 500's daily loss of 0.16%. Bunge ( BG Quick Quote BG - Free Report) closed at $96.60 in the latest trading session, marking a +0.8% move from the prior day.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |