| (USD) | Sep 2023 | Q/Q |
|---|---|---|
| Revenue | 4.4B | -1% |
| Gross Profit | 1B | -23% |
| Cost Of Revenue | 13.2B | -4% |
| Operating Income | 503MM | -39% |
| Operating Expenses | 542MM | - |
| Net Income | 373MM | -40% |
| G&A | 447MM | +6% |
| Interest Expense | 133MM | +3% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
Bunge Global ( NYSE:BG ) First Quarter 2024 Results Key Financial Results Revenue: US$13.4b (down 13% from 1Q 2023...
Explore key financial outcomes and strategic discussions from Bunge Global SA's first quarter of 2024 earnings call.
Canada's competition concerns about U.S. agribusiness Bunge's planned takeover of rival Viterra sets the stage for the companies to sell some assets to close the deal, experts said. Bunge's CEO Greg Heckman said remedies may be unnecessary. The Competition Bureau in Canada, a major grain and canola exporter, said on Tuesday it was worried about reduced competition to buy farmers' crops in Western Canada and to sell canola oil in Eastern Canada if the deal proceeds.
Bunge stock is sinking after the grain trader reported shrinking profit for the first quarter of 2024, as crop prices continued to fall because of abundant supplies and expanded processing capabilities. Crop traders and processors such as Bunge buy crops—mainly soybeans but also corn and other grains—process them, and sell the end products as livestock feed, cooking oil, or biofuels. The price of soybean meal—often used in food and animal feeds—has declined 20% over the past 12 months, while p...
(Bloomberg) -- Bunge Global SA’s shares slumped as the agribusiness giant reaffirmed the outlook for weaker profits even as first-quarter earnings beat estimates.Most Read from BloombergBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsTaylor Swift Is Proof That How We Critique Music Is BrokenBiden’s New Chopper Is Demoted After Scorching White House LawnTech Giants Hit in Late Hours After Meta’s Outlook: Markets WrapTesla Soars as Musk’s Cheaper EVs Calm Fears Over Strate
Challenges in Agribusiness Offset by Strategic Growth Initiatives and Share Repurchases
Bunge Global (NYSE:BG) has had a great run on the share market with its stock up by a significant 24% over the last...
Agricultural commodities trader Bunge Global reported a smaller-than-expected decline in first-quarter profit on Wednesday as good oilseed processing results in Europe and Asia blunted the impact of weaker grain trading margins. The world's largest oilseed processor reaffirmed its 2024 outlook for annual adjusted earnings of $9 per share, down from $13.66 last year as processing margins were expected to remain compressed in most regions. "Investors were hoping for an improved outlook," said Ar...
ST. LOUIS, April 24, 2024--Bunge Global SA (NYSE: BG) today reported first quarter 2024 results.
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