Q2 25 EPS
$1.31
BEAT +20.92%
Est. $1.08
Q2 25 Revenue
$12.77B
BEAT +2.76%
Est. $12.43B
vs S&P Since Q2 25
+50.7%
BEATING MARKET
BG +64.2% vs S&P +13.6%
Market Reaction
Did BG Beat Earnings? Q2 2025 Results
Bunge Global delivered a stronger-than-expected second quarter, with adjusted EPS of $1.31 clearing the $1.08 consensus estimate by 20.92%, even as that figure marked a step down from $1.73 a year ago amid continued normalization in agricultural comm… Read more Bunge Global delivered a stronger-than-expected second quarter, with adjusted EPS of $1.31 clearing the $1.08 consensus estimate by 20.92%, even as that figure marked a step down from $1.73 a year ago amid continued normalization in agricultural commodity margins. Revenue of $12.77 billion edged past estimates by 2.76%, though it slipped 3.6% year over year, reflecting the softer pricing environment across global agribusiness. The single biggest drag on underlying results was Refined and Specialty Oils, where adjusted segment EBIT fell to $116 million from $193 million a year ago as biofuels policy uncertainty compressed energy demand across North America and Europe. Meanwhile, Agribusiness Processing held up better than feared, with South American and Asian volumes providing partial offsets to European and North American weakness. Bunge reaffirmed its full-year 2025 adjusted EPS outlook of approximately $7.75, a guidance figure that now excludes the divested corn milling business and the Viterra merger that closed July 2, with management promising a combined-company forecast ahead of Q3 results. The company also separately announced an agreement to acquire plant-based ingredients assets from IFF, signaling continued portfolio reshaping even as integration work on the transformative Viterra combination gets underway.
Key Takeaways
- • Agribusiness Processing results better than expected, driven by higher results in South America and Asia
- • Refined and Specialty Oils results down across all regions due to lower energy demand from biofuels policy uncertainty
- • Favorable mark-to-market timing differences of $128 million in Q2 2025
- • $155 million gain on sale of U.S. corn milling business
- • Corporate expenses lower driven by performance-based compensation
- • Improved global grains and oils merchandising offset by weaker financial services and ocean freight
BG YoY Financials
Q2 2025 vs Q2 2024, source: SEC Filings
BG Revenue by Segment
With YoY comparisons, source: SEC Filings
“Our team delivered better than expected results for the second quarter given market conditions while also making significant progress on our strategic priorities. Most notably, we completed our transformative combination with Viterra. The integration is proceeding well, and we are pleased to begin working aggressively on commercial opportunities. We also completed the sale of our U.S. corn milling business which further simplifies our portfolio along our global integrated value chains.”
— Greg Heckman, Q2 2025 Earnings Press Release
BG Earnings Trends
BG vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
BG EPS Trend
Earnings per share: estimate vs actual
BG Revenue Trend
Quarterly revenue: estimate vs actual
BG Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 | — | $1.83 | — | $21.86B | — |
| Q4 25 BEAT FY | $1.89 | $1.99 | +5.29% | $23.76B | +7.79% |
| FY Full Year | $7.34 | $7.57 | +3.11% | $70.33B | +2.50% |
| Q3 25 BEAT | $1.97 | $2.27 | +15.32% | $22.16B | -4.47% |
| Q2 25 BEAT | $1.08 | $1.31 | +20.92% | $12.77B | +2.76% |
| Q1 25 BEAT | $1.31 | $1.81 | +38.31% | $11.64B | -11.20% |