Overview
- Adjusted EPS came in at $2.27 versus the $2.09 estimate, the lowest third-quarter result since 2019 despite the beat.
- Revenue reached $22.155 billion, exceeding the $20.043 billion consensus.
- Soybean processing and refining profit rose to $478 million, up 67% year over year, as softseed results more than doubled.
- Bunge reaffirmed its 2025 adjusted EPS outlook of $7.30 to $7.60 and flagged reduced forward booking that is pressuring fourth-quarter margins.
- Operating cash flow for the first nine months swung to a $503 million use from $847 million provided a year earlier, as ample supplies and shifting trade flows weigh on the sector and peer ADM cut its 2025 outlook.