Bunge Q2 Profit Climbs - Quick Facts

(RTTNews) - Bunge Ltd. (BG) said its second-quarter net income available to common shareholders jumped to $272 million, or $1.81 per share, from last year's $110 million, or $0.75 per share. For the recent quarter, adjusted net income per share from continuing operations totaled $1.76, excluding certain gains & charges and discontinued operations. Analysts polled by Thomson Reuters expected the company to report earnings of $1.36 per share for the quarter. Analysts' estimates typically exclude special items.

Quarterly net sales improved to $16.79 billion from $15.49 billion in the year ago quarter, whereas nine analysts estimated revenues of $15.25 billion.

The company's full-year outlook remains positive, expecting to meet or exceed targeted combined agribusiness-food ROIC of 1.5 points over WACC.