Quarterly ResultApr 29, 2026, 06:17 AM
BG Q1 Adjusted EPS $1.83; Raises FY26 Outlook to $9.00-$9.50
AI Summary
Bunge Global SA reported strong first quarter 2026 results, with adjusted diluted EPS increasing to $1.83 from $1.81 in the prior year, despite a decline in GAAP diluted EPS. The company's performance was primarily driven by higher results in Soybean and Softseed Processing and Refining segments. Consequently, Bunge raised its full-year adjusted EPS outlook to a range of $9.00 to $9.50, up from the previous $7.50 to $8.00.
Key Highlights
- Q1 GAAP diluted EPS was $0.35, down from $1.48 in prior year.
- Q1 Adjusted diluted EPS was $1.83, up from $1.81 in prior year.
- Full-year adjusted EPS outlook raised to $9.00-$9.50 from $7.50-$8.00.
- Q1 Adjusted Total EBIT increased to $561 million from $362 million YoY.
- Soybean Processing and Refining Adjusted Segment EBIT rose to $377 million from $241 million.
- Softseed Processing and Refining Adjusted Segment EBIT increased to $195 million from $82 million.
- Cash used for operating activities increased to $(541) million from $(285) million.
- Adjusted annual effective tax rate outlook lowered to 22%-26% from 23%-27%.