Bunge Beats Q3 Profit Estimates
Grain trader Bunge reported a higher third-quarter adjusted profit than expected, driven by robust processing margins for soybeans and oilseeds. The company benefited from increased crop sales following a market rally linked to recent geopolitical tensions.
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BUNGE GLOBAL SA posted an adjusted profit of $2.56 per share for the third quarter, beating the average analyst estimate of $2.44 per share.
