Bunge reports q3 gaap loss per share $10.57

Bunge reports third quarter 2019 results.q3 gaap loss per share $10.57.q3 earnings per share estimate $0.48 -- refinitiv ibes data.qtrly results included about $1.7 billion of charges related to portfolio initiatives.sees 2019 net interest expense in range of $290 to $300 million; capital expenditures in range of $520 to $540 million.qtrly net sales $10,323 million versus $11,412 million.qtrly adjusted earnings per share $1.41.q3 revenue view $11.31 billion -- refinitiv ibes data.based on current agribusiness environment, which has become "more challenging", now expects a decline in earnings in 2019 versus 2018.bunge - in oilseeds, qtrly results were negatively impacted by approximately $70 million of mark-to-market reversals on soy crushing contracts.in oilseeds, a decrease in forward soy crush margins during q3 resulted in new mark-to-market gains of approximately $95 million.in quarter, in grains, origination results were lower in north and south america primarily due to soft export demand.bunge - in quarter, in grains, origination results were lower in north & south america also primarily due to farmer retention due to u.s.-china trade dispute.bunge -2019 earnings outlook excludes notable items, favorable impact of bunge ventures' investment in beyond meat, higher results in sugar & bioenergy.improved performance for edible oil products in quarter was largely driven by higher results in north america and brazil.
BG Ratings Summary
BG Quant Ranking