Bunge 2025 Q2 Earnings Misses Revenue Targets Amid Net Income Surge

Bunge (BG) reported its fiscal 2025 Q2 earnings on Jul 29th, 2025. Bunge Global SA (NYSE:BG) announced second quarter results, showcasing a notable rise in net income attributed to strategic maneuvers and operational efficiencies. However, the company fell short of revenue expectations, as the figures decreased compared to the prior year. Despite the revenue miss, Bunge maintained its full-year guidance, emphasizing robust strategic initiatives and ongoing merger integration benefits, aligning with its forecasted EPS of approximately $7.75.

Revenue
Bunge's revenue declined by 3.6% to $12.77 billion in 2025 Q2, down from $13.24 billion in 2024 Q2, as the company faced challenging market conditions.

Earnings/Net Income
Bunge's EPS surged by 432.9% to $2.63 in 2025 Q2 from $0.49 in 2024 Q2, reflecting strong earnings growth. Net income soared by 406.8% to $370 million in 2025 Q2, up from $73 million in 2024 Q2. This significant increase in earnings underscores the company's effective strategic positioning and operational improvements.

Price Action
The stock price of Bunge edged down 0.65% during the latest trading day, rose 0.87% over the past week, but dropped 7.24% month-to-date.

Post-Earnings Price Action Review
Over the past three years, Bunge's strategy of buying shares 30 days post-earnings after a quarter-over-quarter revenue uptick yielded moderate returns, yet underperformed against the benchmark. The strategy's compound annual growth rate (CAGR) stood at 5.86%, trailing the benchmark by 56.61%. Although its maximum drawdown was a minimal 0.00%, reflecting low risk, the strategy experienced a volatility of 28.44%, indicating substantial price fluctuations. The Sharpe ratio of 0.21 suggests a low-risk profile, yet the approach requires careful consideration given the significant volatility and comparative underperformance.

CEO Commentary
Greg Heckman, Chief Executive Officer of Bunge, emphasized the company’s better-than-expected results for Q2 amidst tough market conditions. He highlighted the successful merger with Viterra as a key milestone, enabling new commercial opportunities. The divestiture of the U.S. corn milling business was also noted as a strategic move to streamline operations and align with global value chains. Heckman expressed confidence in Bunge's enhanced scale and diverse geographical presence, which are expected to better meet customer needs and deliver stakeholder value.

Guidance
Bunge is upholding its adjusted full-year EPS outlook of around $7.75. The company highlighted its increased diversity across crops and geographies as a driver for improved connectivity between farmers and consumers, enhancing its value proposition. As the integration with Viterra progresses, Bunge anticipates leveraging its scale to effectively meet evolving market demands.

Additional News
Bunge has successfully completed its merger with Viterra Limited, establishing a premier global agribusiness solutions company. The merger enhances Bunge’s capabilities in connecting farmers to consumers across major markets. Additionally, Bunge finalized the sale of its North America corn milling business, aligning its portfolio with strategic global value chains. The company’s shareholders also approved quarterly dividends and welcomed Linda Jojo to the Board of Directors, bringing expertise in business technology and cybersecurity. These strategic moves underscore Bunge’s commitment to strengthening its position in the agribusiness sector.