ST. LOUIS (AP) — ST. LOUIS (AP) — Bunge Global SA (BG) on Wednesday reported first-quarter net income of $201 million.
On a per-share basis, the St. Louis-based company said it had net income of $1.48. Earnings, adjusted for non-recurring costs, were $1.81 per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.27 per share.
The agribusiness and food company posted revenue of $11.64 billion in the period.
Bunge Global expects full-year earnings to be $7.75 per share.
Bunge Global shares have increased 0.5% since the beginning of the year. The stock has decreased 24% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BG at https://www.zacks.com/ap/BG
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