Bunge's Q3 Results Surpass Estimates Amid Viterra Acquisition and Margin Recovery

Grain trader Bunge reported a stronger-than-expected Q3 profit, driven by the closure of its Viterra acquisition and a recovery in processing margins, higher crop sales volumes, and lower soybean prices. Net sales from soybean processing and refining increased to $10.86 billion from $7.86 billion YoY. The company's adjusted profit of $2.27 per share beat analysts' estimates of $2.09 per share.