Bunge raises annual forecast as processing gains fuel adjusted earnings beat

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Bunge raises annual forecast as processing gains fuel adjusted earnings beat
Bunge raises annual forecast as processing gains fuel adjusted earnings beat
Isaac Francis
Written by Isaac Francis
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Bunge Global (NYSE:BG) reported financial results for the first quarter ended March 31, 2026, on Wednesday morning, showcasing its ability to capture value across its integrated global value chain.

The St. Louis-based agribusiness and food company posted GAAP diluted earnings per share (EPS) of $0.35, compared to $1.48 in the prior-year period.

However, on an adjusted basis—which excludes specific gains, charges, and mark-to-market timing differences—EPS rose to $1.83, surpassing the $1.81 reported in the first quarter of 2025.

The quarter’s outperformance was primarily driven by the Agribusiness and Refined and Specialty Oils segments.

Bunge cited higher results in Soybean and Softseed Processing and Refining, reflecting the company’s strong execution within a dynamic market environment.

Improved market conditions, characterized by stable demand for renewable feedstocks and food oils, allowed the company to optimize its global footprint and crush margins.

Reflecting the sustained momentum observed in the first three months of the year, Bunge significantly increased its full-year 2026 adjusted EPS outlook.

The company now expects to earn between $9 and $9.50 per share, a substantial raise from its previous guidance range of $7.50 to $8.

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