Bunge now expects 2026 adjusted earnings of $9 to $9.50 per share, up from $7.50-$8, following a first-quarter adjusted EPS of $1.83 and revenue of $21.86 billion.
The company’s net income fell to $68 million, but strong sales in soybean and softseed processing, especially in Argentina and Brazil, offset higher costs and missed analyst revenue estimates.
Grain prices have soared due to the Iran war and Strait of Hormuz closure, driving up fertilizer costs and boosting Bunge’s share price in recent weeks.
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