On July 28 Bunge Limited (BG) reported on the second quarter of fiscal 2021 ending June 30th.  For the period the company earned $350 million on revenue of $15,391 million with an EPS of $2.37.  Comparative figures for the second quarter of FY 2020 were net earnings of $512 million on revenue of $9,462 million with an EPS of $3.47. 

In commenting on results Greg Heckman, CEO commented, “With an accelerating structural shift in demand for sustainable foods, feed and fuel Bunge’s position in the global agribusiness supply chain provides growing opportunity to partner with customers to meet their needs in the changing environment.”

Bunge has a market capitalization of $11.0 billion.  The share has traded over 52 weeks in a range of $43.11 to $92.38 with a 50-day moving average of $77.93. On a trailing 12-month basis, operating margin was 4.0 percent and profit margin 3.9 percent.  The Company has generated a 5.8 percent return on assets and 31.6 percent on equity.