Bunge Q2 Profit Jumps, Beats Estimates After Viterra Deal

Bunge Global reported adjusted second-quarter 2025 earnings of $1.31 per share, surpassing analyst estimates of $1.08 to $1.19, despite a decline from last year's $1.73 per share. Net profit jumped to $354 million from $70 million a year earlier, while revenues fell 3.5% to $12.77 billion but still exceeded consensus expectations. The company's core agribusiness segment saw a 5.1% sales drop, offset by gains in refined oils, milling, and improved processing margins. Bunge completed its $34 billion merger with Viterra and sold its U.S. corn milling business, moves credited with streamlining operations and supporting the earnings beat. Second-quarter profits were the company's lowest for that period since 2018, reflecting continued challenges from tariffs and biofuel policy uncertainties. Bunge reaffirmed its full-year adjusted earnings forecast, excluding the divested corn milling unit and Viterra merger effects, citing improved market conditions and recent dealmaking as positive factors.