Bunge Global SA (BG) shares plummeted 6.74% in pre-market trading on Wednesday following the release of the company's fourth-quarter earnings and disappointing forward guidance for 2026.
The agricultural commodities giant reported adjusted earnings of $1.99 per share for the fourth quarter, surpassing analyst expectations of $1.81. However, the company forecast 2026 adjusted earnings per share in the range of $7.50 to $8.00, significantly below Wall Street estimates of $8.71. This guidance miss was attributed to macroeconomic uncertainty, volatile commodity markets, and tighter margins affecting the global grain trading sector.
Company executives cited ongoing uncertainty over trade and biofuels policy as a drag on performance, noting that delays in U.S. biofuel blending quota decisions have forced companies to hold back on deals and spending. The weak outlook overshadowed the better-than-expected quarterly results, leading to the sharp pre-market decline.
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