ST. LOUIS (AP) — ST. LOUIS (AP) — Bunge Global SA (BG) on Wednesday reported third-quarter net income of $221 million.
The St. Louis-based company said it had profit of $1.56 per share. Earnings, adjusted for costs related to mergers and acquisitions and non-recurring costs, were $2.29 per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $2.18 per share.
The agribusiness and food company posted revenue of $12.91 billion in the period.
Bunge Global expects full-year earnings to be $9.25 per share.
Bunge Global shares have decreased 13% since the beginning of the year. The stock has dropped 17% 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