Bunge Earnings Preview: Analysts Expect Rising Revenue, Falling EPS Over Previous Quarter

Bunge BG unveils its next round of earnings this Thursday, July 28, 2011. Here's Benzinga's advanced look at Bunge's second quarter earnings report.

Earnings and Revenue:

Wall Street expects a EPS of $1.43 per share and revenues of $13.4 billion. Bunge's latest numbers will no doubt be compared with the company's year-ago quarter, when it reported a loss of -57 cents per share on revenues of $10.97 billion. Can Bunge manage the estimated 22.2% increase in revenues from the year-ago quarter as analysts are predicting? We'll have to wait until Thursday to find out.

Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter Q1 Q4 Q3 Q2
EPS Estimate $1.29 $1.59 $1.51 $1.30
EPS Actual $1.49 $1.99 $2.26 -$0.57

Stock Performance:

As of July 22, 2011, Bunge's current share price was $73.08. Since January 1st, shares of Bunge have given investors a return of 12.3%. For a full 12 months, the return has risen by 21.4%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.

  • Long-term shareholders are already enjoying 12-month gains prior to the announcement

Average Stock Rating:

The average rating by analysts for Bunge is a Hold. Over the past three months this rating's strength has declined slightly.

Competitors:

Wondering how Bunge compares to rivals in the same sector? Here are a few of the company's peers.

  • Archer Daniels Midland Company ADM: Hold with a $0.86 recent quarter EPS
  • Corn Products International CPO: Moderate Buy with a $1.28 recent quarter EPS
  • Darling International DAR: Moderate Buy with a $0.43 recent quarter EPS
  • Mosaic Company MOS: Moderate Buy with a $1.45 recent quarter EPS

Bunge is in the agriculture/products industry, which has experienced price/earnings growth of 1.2%.

Finally, a description of the company's main areas of operation: Bunge, Ltd. is a global agribusiness and food company, operating in the farm-to-consumer food chain. It conducts its operations in three divisions: agribusiness, fertilizer and food and ingredients.

Take Action:

There is your peek into Bunge's upcoming earnings numbers, including some competitors to watch around the time of the announcement. Check back in with us after the announcement for a full recap of the announcement. In the meantime, here are some links to explore today.

  • To see up-to-date news on Bunge, click here
  • To see other trading ideas, click here
  • To see other company earnings recaps, click here
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Posted In: EarningsLong IdeasNewsShort IdeasPreviewsTrading IdeasAgricultural ProductsConsumer StaplesFertilizers & Agricultural ChemicalsMaterials
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