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Bunge Global SA (BG) Presents at Barclays 19th Annual Global Consumer Staples Conference Transcript

ST. LOUIS--(BUSINESS WIRE)--Bunge Global SA announced an agreement to sell its two sugarcane mills in Brazil to COFCO International.

The Zacks Agriculture - Products industry will benefit from the stable demand for food, supported by an increasing population. Rising consumer awareness regarding food ingredients and the preference for healthier options will drive industry expansion. Alternative and innovative agricultural technologies, such as hydroponics and vertical farming, are expected to serve as significant growth drivers due to their inherent advantages.

Companies like Bunge Global S.A. (BG - Free Report) and GrowGeneration (GRWG - Free Report) are poised to gain from strong end-market demand and their ongoing growth initiatives aimed at capitalizing on these trends.

Industry Description The Zacks Agriculture – Products industry comprises companies that are either involved in storing agricultural commodities, distributing ingredients to others or engaged in farming crops, livestock and poultry products. Some are associated with purchasing, storing, transporting, processing and selling agricultural commodities or products derived from the same. They operate grain elevators, wherein income is generated from commodities bought and sold using these elevators or held as inventory. Some companies provide nutrients, advanced indoor and greenhouse lighting, environmental control systems, and accessories for hydroponic gardening — the method of growing plants using mineral nutrient solutions in a water solvent instead of soil. A few players offer innovative, plant-based health and wellness products. Companies producing lumber also fall under this industry.

Trends Shaping the Future of the Agriculture - Products Industry Solid Demand to Support Industry: Food demand is closely tied to population growth, demographic trends and rising incomes, providing a relatively stable foundation for the industry. To capitalize on these favorable trends, agricultural and food companies are investing in innovation and strengthening their product and market strategies to introduce new, high-quality and health-focused food ingredients. Continued improvements in grain-handling technologies and investments in expanded storage capacity are also expected to support industry growth. As food is an essential commodity, demand tends to remain relatively resilient across economic cycles, helping companies maintain stable earnings even during periods of economic uncertainty.

Hydroponics & Cannabis Act as Key Catalysts: Hydroponics is gaining popularity as it gives growers the ability to regulate and manage nutrient delivery, light, air, water, humidity, pests and temperature in an indoor setting. This method enables faster crop growth, with higher yields than traditional soil-based cultivation. It is being utilized in new and emerging industries, including the cultivation of cannabis and hemp. Vertical farms producing organic fruits and vegetables also utilize hydroponics due to the shortage of farmland and environmental vulnerabilities. Vertical farming is the latest agricultural technology, wherein shelves and artificial lighting systems are used to grow produce, thereby minimizing land and water usage. While the cannabis industry has faced short-term challenges from pricing pressure, oversupply and regulatory uncertainties in some markets, its long-term outlook remains favorable as legalization expands, consumer acceptance grows and regulated markets continue to mature.

Cost-Saving Initiatives to Aid Margins: Players in the industry are facing rising labor, packaging and distribution costs, among others. The U.S. Department of Agriculture (USDA) expects total production expenses, including those associated with operator dwellings, to rise 1% to $477.7 billion in 2026. Livestock and poultry purchases, feed and labor are likely to remain the largest expense categories. While spending on livestock and poultry purchases is projected to record the steepest increase, rising 9.7%, feed expenses are expected to decline 6.8% in 2026. The industry, however, continues to navigate a tight labor market with a spike in wages and higher distribution costs. Tariffs also added pressure to margins. To counter these pressures, companies are focusing on pricing actions, cost-reduction measures and cash conservation efforts to protect margins and strengthen their financial positions.

Zacks Industry Rank Indicates Bright Prospects The Zacks Agriculture - Products industry is part of the broader Zacks Basic Materials sector. The industry currently carries a Zacks Industry Rank #54, which places it in the top 22% of the 248 Zacks industries.

The group’s Zacks Industry Rank, basically the average of the Zacks Rank of all the member stocks, indicates bright prospects in the near term. Our research shows that the top 50% of the Zacks-ranked industries outperforms the bottom 50% by a factor of more than 2 to 1.

Before we present a few stocks worth considering for your portfolio, let us look at the industry’s recent stock market performance and valuation.

Industry Versus Broader Market The Zacks Agriculture – Products industry has underperformed its sector and the Zacks S&P 500 composite over the past 12 months. Stocks in this industry have moved up 14.9% in the past 12 months compared with the S&P 500’s 20% growth. The Basic Materials sector has gained 33.1% in the same timeframe.

One-Year Price Performance

Industry's Current Valuation On the basis of the trailing 12-month EV/EBITDA ratio, a commonly used multiple for valuing Agriculture - Products stocks, we see that the industry is currently trading at 7.30X compared with the S&P 500’s 17.90X. The Basic Materials sector’s trailing 12-month EV/EBITDA is 14.19X. This is shown in the charts below.

Enterprise Value/EBITDA (EV/EBITDA) Ratio (TTM)

Enterprise Value/EBITDA (EV/EBITDA) Ratio (TTM)

Over the last five years, the industry traded as high as 11.00 and as low as 3.68X, the median being 5.33X.

2 Agriculture - Products Stocks to Buy Bunge: The company completed the acquisition of Viterra in July 2025, which created a premier global agribusiness solutions company for food, feed and fuel, well-positioned to meet the demands of increasingly complex markets and better serve farmers and end customers.  Bunge is positioning itself as a scaled, pure-play global agribusiness solutions platform with an integrated “origin-to-customer” footprint across oilseeds and grains, supported by a global value-chain operating model and centralized risk management designed to optimize logistics, capture arbitrage and manage exposures through volatile markets. The company expects to achieve at least $15 in earnings per share by the end of 2030 (from $8.50 in 2025), supported by the ramp-up of inflight capital projects, Viterra integration, alongside ongoing cost synergies and productivity work. For shareholders, Bunge emphasizes cash generation through the cycle, a commitment to return at least 50% of discretionary cash flow via dividends and buybacks, and maintaining an investment-grade balance sheet.

Bunge is an integrated global agribusiness and food company covering the farm-to-consumer food chain. The Zacks Consensus Estimate for the St. Louis, MO-based company’s earnings for 2026 suggests year-over-year growth of 28.4%. The estimate has moved up 1.6% over the past 60 days. BG has a trailing four-quarter earnings surprise of 24.6%, on average. BG currently carries a Zacks Rank #2 (Buy).

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Price & Consensus: BG

GrowGeneration: The company delivered the third consecutive quarter of year-over-year revenue growth in the second quarter of 2026, driven by continued strength in its commercial B2B division and the benefits of a more focused operating footprint. Cost-reduction initiatives are also yielding tangible results. The company is advancing its strategy to expand higher-margin proprietary brand sales, which accounted for 39.7% of Cultivation and Gardening net sales during the quarter, and remains on track to reach its 40% year-end goal. Looking ahead, GrowGeneration expects further gains in gross margin and operating efficiency throughout 2026. Supported by inventory optimization efforts, full-year gross margins are projected to range between 27% and 29%. The company also expects to reach adjusted EBITDA of $2-$3 million for the full year, higher than the breakeven EBITDA expected earlier and an improvement from the loss of $6 million in 2025. Profitable second and third quarters are anticipated, driven by the outdoor cultivation season, stronger margins and a leaner operating cost structure compared with 2025. The company’s acquisition strategy focused on acquiring well-established, profitable hydroponic garden centers and proprietary brands, and private-label brands bodes well.

The Zacks Consensus Estimate for Greenwood Village, CO-based GrowGeneration’s fiscal 2026 bottom line is pegged at a loss of 19 cents per share, suggesting a narrower loss from the 40 cents reported in fiscal 2025. The estimate has moved up from a loss of 22 cents 60 days ago to the current projected loss of 19 cents. GRWG has a trailing four-quarter earnings surprise of 5.06%, on average. GRWG currently carries a Zacks Rank of 2.

Price & Consensus: GRWG

ST. LOUIS--(BUSINESS WIRE)---- $BG #Investors--Bunge to Present at Barclays Annual Global Consumer Conference.

ST. LOUIS--(BUSINESS WIRE)-- #Investors--Bunge Global SA Announces Pricing of $600 Million Senior Notes Offering.

For those looking to find strong Basic Materials stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Bunge Global (BG - Free Report) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.

Bunge Global is one of 275 individual stocks in the Basic Materials sector. Collectively, these companies sit at #15 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.

The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. Bunge Global is currently sporting a Zacks Rank of #2 (Buy).

Over the past three months, the Zacks Consensus Estimate for BG's full-year earnings has moved 1.6% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.

Based on the latest available data, BG has gained about 25.3% so far this year. Meanwhile, the Basic Materials sector has returned an average of 16.8% on a year-to-date basis. As we can see, Bunge Global is performing better than its sector in the calendar year.

One other Basic Materials stock that has outperformed the sector so far this year is Intrepid Potash (IPI - Free Report) . The stock is up 33% year-to-date.

For Intrepid Potash, the consensus EPS estimate for the current year has increased 14.8% over the past three months. The stock currently has a Zacks Rank #2 (Buy).

Looking more specifically, Bunge Global belongs to the Agriculture - Products industry, a group that includes 3 individual stocks and currently sits at #53 in the Zacks Industry Rank. Stocks in this group have gained about 18% so far this year, so BG is performing better this group in terms of year-to-date returns.

In contrast, Intrepid Potash falls under the Fertilizers industry. Currently, this industry has 6 stocks and is ranked #33. Since the beginning of the year, the industry has moved +14.3%.

Investors with an interest in Basic Materials stocks should continue to track Bunge Global and Intrepid Potash. These stocks will be looking to continue their solid performance.

The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.

Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current share price levels.

Luckily, Zacks has developed its own Style Scores system in an effort to find stocks with specific traits. Value investors will be interested in the system's "Value" category. Stocks with both "A" grades in the Value category and high Zacks Ranks are among the strongest value stocks on the market right now.

BUNGE GLOBAL SA (BG - Free Report) is a stock many investors are watching right now. BG is currently sporting a Zacks Rank #1 (Strong Buy), as well as an A grade for Value.

Value investors also love the P/S ratio, which is calculated by simply dividing a stock's price with the company's sales. This is a popular metric because sales are harder to manipulate on an income statement, so they are often considered a better performance indicator. BG has a P/S ratio of 0.22. This compares to its industry's average P/S of 0.5.

Finally, we should also recognize that BG has a P/CF ratio of 5.80. This metric focuses on a firm's operating cash flow and is often used to find stocks that are undervalued based on the strength of their cash outlook. This company's current P/CF looks solid when compared to its industry's average P/CF of 9.05. Over the past 52 weeks, BG's P/CF has been as high as 8.62 and as low as 5.35, with a median of 6.69.

Value investors will likely look at more than just these metrics, but the above data helps show that BUNGE GLOBAL SA is likely undervalued currently. And when considering the strength of its earnings outlook, BG sticks out as one of the market's strongest value stocks.

Key Takeaways Bunge Global highlighted Viterra's role in expanding sourcing, processing and distribution capabilities.Bunge Global raised 2026 adjusted EPS outlook to $9.25-$9.75 on stronger processing trends.Bunge Global reported stronger soybean and softseed processing results across key regions. Bunge Global SA (BG - Free Report) used its second-quarter earnings call to highlight how its expanded global platform is helping the company manage commodity market volatility while capturing opportunities across food, feed and fuel markets. Management focused on execution, integration progress and improving earnings visibility.

The company raised its full-year outlook as stronger soybean and softseed processing trends offset pressure in grain merchandising. Executives also addressed margin durability, capital allocation and the benefits expected from the Viterra combination.

BG Highlights Platform BenefitsCEO Gregory Heckman said Bunge’s larger footprint is providing more flexibility across crops, regions and customers. He emphasized that the company’s expanded origination network and processing capabilities are helping it navigate changing trade flows and geopolitical uncertainty.

The company pointed to the Viterra combination as a key contributor to its broader operating capabilities. Management noted that the combined platform has increased optionality in sourcing, processing and distribution, particularly across soybean and softseed markets.

Bunge reported adjusted second-quarter EPS of $2.00 compared with $1.31 in the prior-year period, while revenues reached $24.04 billion. The results exceeded the Zacks Consensus Estimate for EPS by 1.50% and revenues by 2.30%.

Bunge Raises 2026 OutlookManagement increased its full-year 2026 adjusted EPS outlook to a range of $9.25 to $9.75 from the prior $9.00 to $9.50 range. The revised outlook reflects stronger expectations for soybean processing and slightly improved expectations for softseed processing.

CFO John Neppl said the updated outlook incorporates current market conditions, forward curves and second-quarter performance. The company maintained expectations for a 22% to 26% adjusted annual effective tax rate, net interest expense of $620 million to $660 million and capital expenditures of $1.5 billion to $1.7 billion.

Management also cautioned that the operating environment remains complex, with uncertainty tied to geopolitical developments, trade flows and regional market conditions.

BG Sees Strength in ProcessingBunge’s soybean processing and refining segment benefited from stronger performance in North and South America, with higher processing volumes supported by expanded capacity in Argentina. The company also reported stronger processing results in Asia, partially offset by weaker performance in some other regions.

The softseed processing business delivered broad-based improvement across regions. Management attributed the gains to a more favorable market environment, increased production capacity and stronger execution across the combined company’s network.

Executives highlighted renewable fuels as another long-term opportunity, pointing to partnerships involving certified soybean oil feedstock for sustainable aviation fuel and renewable diesel production.

Bunge Addresses Analyst ConcernsA BMO Capital Markets analyst asked how the Viterra assets were changing Bunge’s competitive position. Heckman said the broader footprint has improved the company’s ability to balance supply and demand across regions and respond to customer needs.

A Morgan Stanley analyst questioned whether current U.S. crush margins were supported by fundamentals or temporary factors. Management responded that strong meal demand, renewable fuel policy support and underlying feed demand supported the current margin environment.

A JPMorgan analyst focused on second-half expectations and merchandising performance. Management said it expects sequential improvement in merchandising results, while noting that global volatility could create additional opportunities.

BG Advances Synergies and Capital PlansManagement said Viterra cost synergies remain ahead of plan. The company increased its cost synergy target previously and continues working toward additional opportunities from network optimization and commercial relationships.

Bunge completed its $2 billion share repurchase commitment related to the Viterra transaction, including approximately $250 million of share repurchases during the first half of 2026. The company also invested in growth and productivity-related capital projects.

Executives highlighted ongoing projects, including processing and terminal expansions, as investments expected to support future capabilities across the company’s network.

Bunge Maintains Long-Term FocusBunge’s leadership continued to emphasize structural demand drivers, including population growth, rising incomes and demand for grain, oilseed products and renewable fuel feedstocks. Management said these trends support the company’s long-term strategy.

The company’s near-term focus remains on executing integration efforts, bringing projects online and managing commodity market volatility. Executives highlighted diversification as a key factor supporting performance through changing market conditions.

Zacks SignalsBunge currently sports a Zacks Rank #1 (Strong Buy), indicating that the stock is positioned at the top end of the Zacks Rank scale based on earnings estimate revisions.  You can see the complete list of today’s Zacks #1 Rank stocks here.

The Zacks Rank is designed to help identify stocks with stronger potential performance over the next one to three months.

The company has a Value Score of B, Growth Score of F, Momentum Score of B and VGM Score of D. Zacks Style Scores evaluate value, growth and momentum characteristics, with higher grades representing stronger characteristics within each style category.

The Zacks Rank can change as analysts update earnings estimates following new information, including developments after quarterly results.

Generac Powers Ahead on the Electrification Mega-TrendBunge Global NYSE: BG raised its full-year 2026 adjusted earnings outlook after reporting higher second-quarter profit, citing improved soybean and softseed processing conditions and early benefits from its combination with Viterra.

The company now expects full-year adjusted earnings per share of $9.25 to $9.75, up from its prior forecast of $9.00 to $9.50. Chief Executive Officer Greg Heckman said the company’s larger global platform helped it manage a volatile operating environment shaped by geopolitical tensions, changing trade flows and weather-related uncertainty.

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10 best sugar stocks to buy now“Our integrated global platform, disciplined risk management, and operational excellence are designed to keep supply moving to meet demand and serve our customers regardless of how conditions shift,” Heckman said.

Second-Quarter Results Improve Bunge reported second-quarter earnings per share of $3.47, compared with $2.61 in the same period of 2025. Reported earnings included a favorable mark-to-market timing difference worth $1.67 per share, partly offset by $0.20 per share of Viterra transaction and integration costs.

How to invest in wheat: Is it a hedge against inflation?Adjusted EPS rose to $2.00 from $1.31 a year earlier. Adjusted segment EBIT more than doubled to $796 million from $373 million in the prior-year quarter.

Chief Financial Officer John Neppl said the improvement reflected stronger results in soybean processing and refining, particularly in North and South America, as well as improved performance across the softseed processing and refining business.

Soybean processing and refining: Results increased primarily because of stronger North and South American value chains. U.S. processing performance improved, although refining results were lower. In South America, Argentina processing and refining and Brazil processing improved. Processing volumes increased in North America, South America and Europe, with Argentina benefiting from greater production capacity. Softseed processing and refining: Results rose across all regions amid what Bunge described as a more favorable market environment and strong execution. Higher production capacity in Argentina, Canada and Europe contributed to increased processing volumes. Tropical oils and specialty ingredients: Higher results in Europe and Asia were partially offset by lower North American results. Grain merchandising and milling: Higher earnings in ocean freight, commercial services, global cotton and wheat milling were partly offset by weaker global grain merchandising and sugar performance. Net interest expense increased to $154 million, reflecting the company’s expanded footprint and merchandising activities following the Viterra acquisition, partially offset by lower average net interest rates.

Viterra Integration and Expanded Network Heckman said the Viterra combination has broadened Bunge’s origination network, asset base and ability to serve customers across major producing and consuming regions. He highlighted the addition of Argentine soybean-crushing operations and expanded softseed origination and processing capabilities.

The combined company also has a larger ocean-freight presence, which Heckman said supports its ability to respond to disruptions in global trade flows. Neppl added that the stronger combined credit profile has allowed Bunge to borrow at its tightest credit spreads in company history, which he said could provide an advantage in funding merchandising activity.

Bunge said Viterra cost synergies are running ahead of plan. The company previously raised its cost-synergy target to $350 million from $250 million and said it continues to pursue opportunities to complete the savings program sooner if possible.

The company completed the $2 billion share-repurchase commitment associated with the Viterra transaction. During the year to date, Bunge repurchased about $250 million of shares, paid $275 million in dividends and spent $541 million on growth and productivity capital expenditures.

Cash Flow, Leverage and Investment Plans Bunge generated approximately $1.3 billion of adjusted funds from operations year to date. After $238 million of sustaining capital expenditures, the company had about $1.1 billion of discretionary cash flow available, according to Neppl.

At the end of the second quarter, net debt exceeded readily marketable inventory by $1 billion, while adjusted leverage stood at 1.9 times adjusted EBITDA. Bunge had about $8.8 billion available under committed credit facilities and approximately $2.4 billion available under its commercial paper program.

The company expects 2026 capital expenditures of $1.5 billion to $1.7 billion, unchanged from its previous outlook, although Neppl said spending is currently trending closer to the high end of the range because of project-completion timing.

Among its major projects, Bunge expects a barge unloader at Destrehan, Louisiana, to begin operating in August and a new multi-seed processing plant at the site to come online near the end of the third quarter. Its Morristown soy protein concentrate facility is producing product but has not yet reached full scale, while an expanded refined tropical oils platform in Avondale is expected to begin operating in the coming months. The Westhaven specialty and refined oils project in the Netherlands remains scheduled for completion by the end of the first quarter of 2027.

Outlook Reflects Stronger Soy, Softseed Conditions For 2026, Bunge expects higher soybean processing and refining results than previously forecast, slightly higher softseed processing and refining results, unchanged tropical oils and specialty ingredients performance, and lower grain merchandising and milling results. Corporate and other results are expected to remain unchanged.

The company maintained its outlook for an adjusted annual effective tax rate of 22% to 26%, interest expense of $620 million to $660 million, and depreciation and amortization of approximately $975 million.

Management said U.S. soybean-crush margins have benefited from clearer Renewable Volume Obligation policy and underlying demand for both meal and oil. The company also expects sequential improvement in grain merchandising during the second half, although it said the business remains affected by ample global grain supplies and uncertainty surrounding Black Sea exports and Chinese import activity.

Heckman said Bunge is also advancing renewable-fuel partnerships in Brazil, including agreements to supply certified soybean oil feedstock for sustainable aviation fuel and renewable diesel production. He said the company sees continued long-term demand support from population growth, rising incomes, renewable-fuel policies and growing biodiesel blend rates.

About Bunge Global (NYSE:BG)Bunge Global is a leading agribusiness and food company that processes oilseeds and grains, produces sugar and bioenergy, and supplies fertilizers and other agricultural inputs. The company operates an integrated value chain that spans origination, processing, and distribution, enabling it to serve food processors, livestock producers, and retail customers worldwide. Through its network of processing plants, port terminals and logistics assets, Bunge handles a diverse portfolio of commodities, including soybeans, corn, wheat, vegetable oils, and sugarcane.

The company's core business activities are organized into agribusiness and food & ingredients segments.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

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Bunge Global (BG - Free Report) reported $24.04 billion in revenue for the quarter ended June 2026, representing a year-over-year increase of 88.3%. EPS of $2.00 for the same period compares to $1.31 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $23.49 billion, representing a surprise of +2.34%. The company delivered an EPS surprise of -1.48%, with the consensus EPS estimate being $2.03.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Bunge Global performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

Volume - Soybean Processing and Refining - Soybeans processed: 11,524.00 MTons compared to the 11,862.60 MTons average estimate based on two analysts.Volume - Soybean Processing and Refining - Soybeans merchandised: 8,046.00 MTons versus the two-analyst average estimate of 6,351.90 MTons.Volume - Soybean Processing and Refining - Refined soy oil production: 933.00 MTons compared to the 924.55 MTons average estimate based on two analysts.Volume - Grain Merchandising and Milling: 23,852.00 MTons versus the two-analyst average estimate of 24,098.25 MTons.Volume - Softseed Processing and Refining - Softseeds merchandised: 1,296.00 MTons versus 1,182.50 MTons estimated by two analysts on average.Volume - Softseed Processing and Refining - Refined oil production: 974.00 MTons versus 669.63 MTons estimated by two analysts on average.Volume - Tropical Oils and Specialty Ingredients: 660.00 MTons versus the two-analyst average estimate of 639.60 MTons.Volume - Softseed Processing and Refining - Softseeds processed: 3,490.00 MTons compared to the 2,969.18 MTons average estimate based on two analysts.Adjusted EBIT- Soybean Processing and Refining: $445 million versus the two-analyst average estimate of $466.94 million.Adjusted EBIT- Softseed Processing and Refining: $255 million versus the two-analyst average estimate of $226.91 million.Adjusted EBIT- Corporate: $-148 million compared to the $-126.3 million average estimate based on two analysts.Adjusted EBIT- Grain Merchandising and Milling: $67 million versus the two-analyst average estimate of $84.54 million.View all Key Company Metrics for Bunge Global here>>>

Shares of Bunge Global have returned +10% over the past month versus the Zacks S&P 500 composite's +1.9% change. The stock currently has a Zacks Rank #1 (Strong Buy), indicating that it could outperform the broader market in the near term.

Bunge Global (BG - Free Report) came out with quarterly earnings of $2 per share, missing the Zacks Consensus Estimate of $2.03 per share. This compares to earnings of $1.31 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of -1.48%. A quarter ago, it was expected that this agribusiness and food company would post earnings of $0.97 per share when it actually produced earnings of $1.83, delivering a surprise of +88.66%.

Over the last four quarters, the company has surpassed consensus EPS estimates three times.

Bunge Global, which belongs to the Zacks Agriculture - Products industry, posted revenues of $24.04 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 2.34%. This compares to year-ago revenues of $12.77 billion. The company has topped consensus revenue estimates two times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Bunge Global shares have added about 31.8% since the beginning of the year versus the S&P 500's gain of 8.5%.

What's Next for Bunge Global?While Bunge Global has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Bunge Global was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #1 (Strong Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $2.59 on $23.08 billion in revenues for the coming quarter and $9.74 on $92.31 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Agriculture - Products is currently in the top 10% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

BrightView Holdings (BV - Free Report) , another stock in the same industry, has yet to report results for the quarter ended June 2026. The results are expected to be released on August 4.

This investment company is expected to post quarterly earnings of $0.28 per share in its upcoming report, which represents a year-over-year change of -6.7%. The consensus EPS estimate for the quarter has been revised 0.9% higher over the last 30 days to the current level.

BrightView Holdings' revenues are expected to be $722.17 million, up 2% from the year-ago quarter.

ST. LOUIS--(BUSINESS WIRE)-- #Earnings--Bunge Global SA (NYSE: BG) today reported second quarter 2026 results.

Bunge Global SA (BG) released its 8-K filing on July 29, 2026, highlighting its financial results for the second quarter of 2026. The company, a leading agribus

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How Many Stocks Should You Own? Three stocks or one hundred? Which are you? Plus 3 stocks with low PEG ratios. Tracey Ryniec sorts through the questions in the latest Zacks Value Trader podcast.

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Forget AI Chips and Mag 7: Buy AI Infrastructure Stocks Now Investors aiming to buy into the artificial intelligence boom driving the economy and Wall Street for the foreseeable future might want to consider best-in-class, AI-boosted infrastructure stocks.

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Wall Street expects a year-over-year increase in earnings on higher revenues when Bunge Global (BG - Free Report) reports results for the quarter ended June 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.

The earnings report, which is expected to be released on July 29, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.

While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.

Zacks Consensus EstimateThis agribusiness and food company is expected to post quarterly earnings of $2.03 per share in its upcoming report, which represents a year-over-year change of +55%.

Revenues are expected to be $23.49 billion, up 84% from the year-ago quarter.

Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 1.97% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.

Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.

Price, Consensus and EPS Surprise

Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.

A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.

Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).

How Have the Numbers Shaped Up for Bunge Global?For Bunge Global, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -1.24%.

On the other hand, the stock currently carries a Zacks Rank of #1.

So, this combination makes it difficult to conclusively predict that Bunge Global will beat the consensus EPS estimate.

Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.

For the last reported quarter, it was expected that Bunge Global would post earnings of $0.97 per share when it actually produced earnings of $1.83, delivering a surprise of +88.66%.

Over the last four quarters, the company has beaten consensus EPS estimates four times.

Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.

That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

Bunge Global doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.

Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.

Bunge Global (BG - Free Report) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.

The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.

The power of a changing earnings picture in determining near-term stock price movements makes the Zacks rating system highly useful for individual investors, since it can be difficult to make decisions based on rating upgrades by Wall Street analysts. These are mostly driven by subjective factors that are hard to see and measure in real time.

Therefore, the Zacks rating upgrade for Bunge Global basically reflects positivity about its earnings outlook that could translate into buying pressure and an increase in its stock price.

Most Powerful Force Impacting Stock PricesThe change in a company's future earnings potential, as reflected in earnings estimate revisions, has proven to be strongly correlated with the near-term price movement of its stock. That's partly because of the influence of institutional investors that use earnings and earnings estimates for calculating the fair value of a company's shares. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stock, and institutional investors typically buy or sell it. Their transaction of large amounts of shares then leads to price movement for the stock.

For Bunge Global, rising earnings estimates and the consequent rating upgrade fundamentally mean an improvement in the company's underlying business. And investors' appreciation of this improving business trend should push the stock higher.

Harnessing the Power of Earnings Estimate RevisionsAs empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, tracking such revisions for making an investment decision could be truly rewarding. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power of earnings estimate revisions.

The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here >>>> .

Earnings Estimate Revisions for Bunge GlobalFor the fiscal year ending December 2026, this agribusiness and food company is expected to earn $9.61 per share, which is unchanged compared with the year-ago reported number.

Analysts have been steadily raising their estimates for Bunge Global. Over the past three months, the Zacks Consensus Estimate for the company has increased 17.4%.

Bottom LineUnlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of "buy" and "sell" ratings for its entire universe of more than 4,000 stocks at any point in time. Irrespective of market conditions, only the top 5% of the Zacks-covered stocks get a "Strong Buy" rating and the next 15% get a "Buy" rating. So, the placement of a stock in the top 20% of the Zacks-covered stocks indicates its superior earnings estimate revision feature, making it a solid candidate for producing market-beating returns in the near term.

You can learn more about the Zacks Rank here >>>

The upgrade of Bunge Global to a Zacks Rank #2 positions it in the top 20% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term.

ST. LOUIS--(BUSINESS WIRE)--Bunge Global SA (NYSE: BG) will announce its results for the quarter ended June 30, 2026, on Wednesday, July 29, 2026, prior to the market opening. Company management will also host a conference call at 7 a.m. Central Time to discuss the results. A slide presentation to accompany the discussion will be posted at www.bunge.com.

To access the webcast, go to “Events & Presentations” under “News & Events” in the “Investor Center” section of the company’s website. Select “Q2 2026 Bunge Global SA Conference Call” and follow the prompts. Please go to the website at least 15 minutes prior to the call to register and download any necessary audio software.

To listen to the call, please dial 1-844-735-3666. If you are located outside the United States or Canada, dial 1-412-317-5706. Please dial in approximately 10 minutes before the scheduled start time.

A call replay will be available later in the day on July 29, 2026, continuing through Aug. 29, 2026. To access it, please dial 1-855-669-9658 in the United States and Canada, or 1-412-317-0088 in other locations. When prompted, enter access code 2928248.

About Bunge

At Bunge (NYSE: BG), our purpose is to connect farmers to consumers to deliver essential food, feed and fuel to the world. As a premier agribusiness solutions provider, our dedicated employees partner with farmers across the globe to move agricultural commodities from where they’re grown to where they’re needed—in faster, smarter, and more efficient ways. We are a world leader in grain origination, storage, distribution, oilseed processing and refining, offering a broad portfolio of plant-based oils, fats, and proteins. We work alongside our customers at both ends of the value chain to deliver quality products and develop tailored, innovative solutions that address evolving consumer needs. With 200+ years of experience and presence in over 50 countries, we are committed to strengthening global food security, advancing sustainability, and helping communities prosper where we operate. Bunge has its registered office in Geneva, Switzerland and its corporate headquarters in St. Louis, Missouri. Learn more at Bunge.com.

Website Information

We routinely post important information for investors on our website, www.bunge.com, in the "Investors" section. We may use this website as a means of disclosing material, non-public information and for complying with our disclosure obligations under Regulation FD. Accordingly, investors should monitor the Investors section of our website, in addition to following our press releases, SEC filings, public conference calls, presentations and webcasts. The information contained on, or that may be accessed through, our website is not incorporated by reference into, and is not a part of, this document.

Here are three stocks with buy rank and strong income characteristics for investors to consider today, June 24:

Bunge Global SA (BG - Free Report) : This agricultural and food company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 12.3% over the last 60 days.

This Zacks Rank #1 company has a dividend yield of 2.6%, compared with the industry average of 0.0%.

TFI International Inc. (TFII - Free Report) : This transportation and logistics company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 12.6% over the last 60 days.

This Zacks Rank #1 company has a dividend yield of 1.3%, compared with the industry average of 0.0%.

BHP Group Limited (BHP - Free Report) : This resources company that operates in Petroleum, Copper, Iron Ore, and Coal segments has witnessed the Zacks Consensus Estimate for its current year earnings increasing 4% over the last 60 days.

This Zacks Rank #1 company has a dividend yield of 3.4%, compared with the industry average of 0.0%.

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Find more top income stocks with some of our great premium screens.

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.

Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current share price levels.

Luckily, Zacks has developed its own Style Scores system in an effort to find stocks with specific traits. Value investors will be interested in the system's "Value" category. Stocks with both "A" grades in the Value category and high Zacks Ranks are among the strongest value stocks on the market right now.

One stock to keep an eye on is BUNGE GLOBAL SA (BG - Free Report) . BG is currently holding a Zacks Rank #2 (Buy) and a Value grade of A.

Value investors also frequently use the P/S ratio. This metric is found by dividing a stock's price with the company's revenue. This is a popular metric because sales are harder to manipulate on an income statement, so they are often considered a better performance indicator. BG has a P/S ratio of 0.34. This compares to its industry's average P/S of 0.47.

Finally, investors should note that BG has a P/CF ratio of 5.80. This metric takes into account a company's operating cash flow and can be used to find stocks that are undervalued based on their solid cash outlook. This company's current P/CF looks solid when compared to its industry's average P/CF of 7.34. BG's P/CF has been as high as 8.62 and as low as 5.35, with a median of 6.69, all within the past year.

These figures are just a handful of the metrics value investors tend to look at, but they help show that BUNGE GLOBAL SA is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, BG feels like a great value stock at the moment.

ST. LOUIS--(BUSINESS WIRE)--Bunge Global SA (NYSE: BG) today reported first quarter 2026 results.

"The Bunge team delivered a strong first quarter, executing with the discipline and speed that define this organization, while navigating one of the more rapidly changing market environments in recent years."

Share Q1 GAAP diluted EPS of $0.35 vs. $1.48 in the prior year; $1.83 vs. $1.81 on an adjusted basis excluding certain gains/charges and mark-to-market timing differences Higher results primarily driven by Soybean and Softseed Processing and Refining, reflecting strong execution in a dynamic environment and improved market conditions Increasing full-year adjusted EPS outlook range to $9.00 to $9.50 from $7.50 to $8.00
Overview Greg Heckman, Bunge’s Chief Executive Officer said, "The Bunge team delivered a strong first quarter, executing with the discipline and speed that define this organization, while navigating one of the more rapidly changing market environments in recent years. Amid geopolitical uncertainty and shifting trade flows, our global platform performed as designed, enabling us to capture opportunities, manage risks, and connect farmers to consumers with the products, services, and solutions they need as they face increasing complexity.

Looking ahead, visibility remains limited given ongoing macroeconomic conditions. However, our balanced footprint and diversified value chains position us to adapt. The long-term fundamentals underpinning demand for our products and services remain strong, and we are well equipped to continue serving customers at both ends of the value chain while delivering for all our stakeholders."

Financial Highlights Three Months Ended

March 31,

(US$ in millions, except per share data)

2026

2025

Net income attributable to Bunge

$

68

$

201

Net income per share-diluted

$

0.35

$

1.48

Mark-to-market timing differences (a)

$

1.28

$

0.08

Certain (gains) & charges (b)

$

0.20

$

0.25

Adjusted Net income per share-diluted (c)

$

1.83

$

1.81

Segment EBIT (c)(d)

$

319

$

404

Mark-to-market timing differences (a)

336

2

Certain (gains) & charges (b)

6

—

Adjusted Segment EBIT (c)

$

661

$

406

Corporate and Other EBIT (c)(e)

$

(135

)

$

(76

)

Certain (gains) & charges (b)

35

32

Adjusted Corporate and Other EBIT (c)

$

(100

)

$

(44

)

Total EBIT (c)

$

184

$

328

Mark-to-market timing differences (a)

336

2

Certain (gains) & charges (b)

41

32

Adjusted Total EBIT (c)

$

561

$

362

First Quarter Results Reportable Segments

Soybean Processing and Refining

Three Months Ended

(US$ in millions)

Mar 31, 2026

Mar 31, 2025

Volumes (in thousand metric tons)

Soybeans processed

10,757

8,110

Soybeans merchandised

5,133

2,233

Refined soy oil production

857

859

Net Sales

$

9,552

$

6,661

Cost of goods sold

$

(9,154

)

$

(6,326

)

Selling, general and administrative expense

$

(143

)

$

(109

)

Foreign exchange gains (losses) – net

$

(47

)

$

20

EBIT attributable to noncontrolling interests

$

4

$

3

Other income (expense) - net

$

(8

)

$

11

Income (loss) from affiliates

$

5

$

11

Segment EBIT

$

209

$

271

Mark-to-market timing differences

168

(30

)

Adjusted Segment EBIT

$

377

$

241

Higher results were primarily driven by South America, reflecting stronger processing performance in Argentina and Brazil. North America also delivered higher results across both processing and refining. In the destination value chain, higher origination in Brazil was more than offset by lower processing results in Europe and Asia. Results from global oils merchandising activities also increased, reflecting strong execution.

Higher processed volumes were largely attributed to the combined company’s expanded production capacity in Argentina. Processed volumes were also higher in North America and Brazil. Higher merchandised volumes reflected the combined company’s expanded soybean origination footprint.

Softseed Processing and Refining

Three Months Ended

(US$ in millions)

Mar 31, 2026

Mar 31, 2025

Volumes (in thousand metric tons)

Softseeds processed

3,281

2,194

Softseeds merchandised

1,406

95

Refined oil production

773

728

Net Sales

$

3,904

$

1,515

Cost of goods sold

$

(3,768

)

$

(1,406

)

Selling, general and administrative expense

$

(61

)

$

(35

)

Foreign exchange gains (losses) – net

$

6

$

16

EBIT attributable to noncontrolling interests

$

(3

)

$

—

Other income (expense) - net

$

(2

)

$

(3

)

Income (loss) from affiliates

$

—

$

(5

)

Segment EBIT

$

76

$

82

Mark-to-market timing differences

119

—

Adjusted Segment EBIT

$

195

$

82

Results were higher across all regions. In Argentina, results increased in both processing and refining. In North America, higher processing results more than offset lower refining results. In Europe, higher processing and biodiesel results more than offset lower refining results. Origination results in Canada and Australia increased reflecting our expanded footprint and large crops. Results from global oils merchandising activities also increased, reflecting strong execution.

Higher softseed processed volumes primarily reflected the combined company’s increased production capacity in Argentina, Canada, and Europe. Higher merchandised volumes were driven by the company's expanded softseeds origination footprint.

Tropical Oils and Specialty Ingredients

Three Months Ended

(US$ in millions)

Mar 31, 2026

Mar 31, 2025

Volumes (in thousand metric tons)

639

618

Net Sales

$

1,228

$

1,083

Cost of goods sold

$

(1,040

)

$

(1,015

)

Selling, general and administrative expense

$

(61

)

$

(58

)

Foreign exchange (losses) gains – net

$

(4

)

$

—

EBIT attributable to noncontrolling interests

$

(11

)

$

(2

)

Other income (expense) - net

$

(2

)

$

(3

)

Segment EBIT

$

110

$

5

Mark-to-market timing differences

$

(65

)

18

Adjusted Segment EBIT

$

45

$

23

Higher results in Asia, Europe and global oils merchandising activities were partially offset by lower results in North America.

Grain Merchandising and Milling

Three Months Ended

(US$ in millions)

Mar 31, 2026

Mar 31, 2025

Volumes (in thousand metric tons)

26,558

8,510

Net Sales

$

7,177

$

2,384

Cost of goods sold

$

(7,132

)

$

(2,309

)

Selling, general and administrative expense

$

(127

)

$

(59

)

Foreign exchange (losses) gains – net

$

(38

)

$

(12

)

EBIT attributable to noncontrolling interests

$

(4

)

$

(2

)

Other income (expense) - net

$

48

$

45

Segment EBIT

$

(76

)

$

46

Mark-to-market timing differences

114

14

Certain (gains) & charges

6

—

Adjusted Segment EBIT

$

44

$

60

Higher results in wheat milling, global cotton and commercial services were more than offset by lower results in ocean freight. Results in global grains merchandising were in line with last year. Higher volumes primarily reflected the company’s expanded grain‑handling footprint and capabilities, along with large global grain crops. Prior year results included corn milling, which was divested in 2025.

Corporate and Other

Three Months Ended

(US$ in millions)

Mar 31, 2026

Mar 31, 2025

Net Sales

$

—

$

—

Cost of goods sold

$

(1

)

$

10

Selling, general and administrative expense

$

(139

)

$

(119

)

Foreign exchange gains (losses) – net

$

(11

)

$

1

EBIT attributable to noncontrolling interests

$

1

—

Other income (expense) - net

$

17

$

32

Income (loss) from affiliates

$

(2

)

$

—

Corporate and Other EBIT

$

(135

)

$

(76

)

Certain (gains) & charges

35

32

Adjusted Corporate and Other EBIT

$

(100

)

$

(44

)

Corporate

Three Months Ended

(US$ in millions)

Mar 31, 2026

Mar 31, 2025

Corporate EBIT

$

(148

)

$

(88

)

Certain (gains) & charges

35

32

Adjusted Corporate EBIT

$

(113

)

$

(56

)

Other

Three Months Ended

(US$ in millions)

Mar 31, 2026

Mar 31, 2025

Other EBIT

$

13

$

12

Certain (gains) & charges

—

—

Adjusted Other EBIT

$

13

$

12

The increase in Corporate expenses was primarily driven by the addition of Viterra. The year-over-year comparison was also impacted by timing of performance-based compensation and a $15 million cash benefit received in 2025 related to a prior joint venture. Other results were in line with the prior year.

Cash Flow

Three Months Ended

Mar 31, 2026

Mar 31, 2025

Cash provided by (used for) operating activities

$

(541

)

$

(285

)

Certain reconciling items to Adjusted funds from operations (3)

1,071

677

Adjusted funds from operations (3)

$

530

$

392

Cash used for operations in the three months ended March 31, 2026 and March 31, 2025 was $541 million and $285 million, respectively. The increase of cash used for operations was primarily driven by lower net income and net changes in working capital. Adjusted funds from operations (FFO) was $530 million compared to $392 million in the prior year.(3)

Income Taxes

For the three months ended March 31, 2026, income tax benefit was $14 million compared to an income tax expense of $80 million in the prior year. The income tax benefit was primarily due to tax benefits in South America and lower pre-tax income in 2026. Adjusting for notable items and mark-to-market timing differences, the quarter-end adjusted effective income tax rate was approximately 18%.

Outlook(4) Taking into account first quarter results, the current margin and macro environment and forward curves, Bunge now expects full-year 2026 adjusted EPS in the range of $9.00 to $9.50, which is up from its previous range of $7.50 to $8.00.

Compared to its previous full-year outlook:

Soybean Processing and Refining results are expected to be higher Softseed Processing and Refining results are expected to be higher Tropical Oils and Specialty Ingredients results are expected to be lower Grain Merchandising and Milling results are expected to be lower Corporate and Other results are expected to be in line Additionally, the Company expects the following for 2026:

An adjusted annual effective tax rate in the range of 22% to 26%, which is down slightly from its previous expectation of 23% to 27% Net interest expense in the range of $620 to $660 million, which is up from its previous range of $575 to $625 million Capital expenditures in the range of $1.5 to $1.7 billion Depreciation and amortization of approximately $975 million
Conference Call and Webcast Details Bunge Global SA’s management will host a conference call at 8 a.m. Eastern (7 a.m. Central) on Wednesday, April 29, 2026 to discuss the Company’s results.

Additionally, a slide presentation to accompany the discussion of results will be posted on www.bunge.com.

To access the webcast, go to “Events & Presentations” under “News & Events” in the “Investor Center” section of the company’s website. Select “Q1 2026 Bunge Global SA Conference Call” and follow the prompts. Please go to the website at least 15 minutes prior to the call to register and download any necessary audio software.

To listen to the call, please dial 1-844-735-3666. If you are located outside the United States or Canada, dial 1-412-317-5706. Please dial in approximately 10 minutes before the scheduled start time.

A call replay will be available later in the day on April 29, 2026, continuing through May 29, 2026. To access it, please dial 1-855-669-9658 in the United States and Canada, or 1-412-317-0088 in other locations. When prompted, enter confirmation code 8137371.

About Bunge At Bunge (NYSE: BG), our purpose is to connect farmers to consumers to deliver essential food, feed and fuel to the world. As a premier agribusiness solutions provider, our dedicated employees partner with farmers across the globe to move agricultural commodities from where they’re grown to where they’re needed—in faster, smarter, and more efficient ways. We are a world leader in grain origination, storage, distribution, oilseed processing and refining, offering a broad portfolio of plant-based oils, fats, and proteins. We work alongside our customers at both ends of the value chain to deliver quality products and develop tailored, innovative solutions that address evolving consumer needs. With 200+ years of experience and presence in over 50 countries, we are committed to strengthening global food security, advancing sustainability, and helping communities prosper where we operate. Bunge has its registered office in Geneva, Switzerland, and its corporate headquarters in St. Louis, Missouri. Learn more at Bunge.com.

Website Information We routinely post important information for investors on our website, www.bunge.com, in the "Investors" section. We may use this website as a means of disclosing material, non-public information and for complying with our disclosure obligations under Regulation FD. Accordingly, investors should monitor the Investors section of our website, in addition to following our press releases, U.S. Securities and Exchange Commission ("SEC") filings, public conference calls, presentations and webcasts. The information contained on, or that may be accessed through, our website is not incorporated by reference into, and is not a part of, this document.

Cautionary Statement Concerning Forward Looking Statements The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward looking statements to encourage companies to provide prospective information to investors. This press release includes forward looking statements that reflect our current expectations and projections about our future results, performance, prospects and opportunities. Forward looking statements include all statements that are not historical in nature. We have tried to identify these forward looking statements by using words including "may," "will," "should," "could," "expect," "anticipate," "believe," "plan," "intend," "estimate," "continue" and similar expressions. These forward looking statements are subject to a number of risks, uncertainties, assumptions and other factors that could cause our actual results, performance, prospects or opportunities to differ materially from those expressed in, or implied by, these forward looking statements. The following factors, among others, could cause actual results to differ from these forward looking statements:

the impact on our employees, operations, and facilities from the war in Ukraine and the resulting economic and other sanctions imposed on Russia, including the impact on us resulting from the continuation and/or escalation of the war and sanctions against Russia; the effect of weather conditions and the impact of crop and animal disease on our business; the impact of global and regional economic, agricultural, financial and commodities market, political, social and health conditions; changes in government policies and laws affecting our business, including agricultural, trade, tariff and foreign investment policies, financial markets regulation and environmental, tax and biofuels regulation; the impact of seasonality; the outcome of pending regulatory and legal proceedings; our ability to complete, integrate and benefit from acquisitions, divestitures, joint ventures and strategic alliances, including without limitation Bunge’s business combination with Viterra Limited ("Viterra"); the impact of industry conditions, including fluctuations in supply, demand and prices for agricultural commodities and other raw materials and products that we sell and use in our business, fluctuations in energy and freight costs and competitive developments in our industries; the effectiveness of our capital allocation plans, funding needs and financing sources; the effectiveness of our risk management strategies; operational risks, including industrial accidents, natural disasters, pandemics or epidemics, wars and cybersecurity incidents; changes in foreign exchange policy or rates; the impact of our dependence on third parties; our ability to attract and retain executive management and key personnel; and other factors affecting our business generally. The forward looking statements included in this release are made only as of the date of this release, and except as otherwise required by federal securities law, we do not have any obligation to publicly update or revise any forward looking statements to reflect subsequent events or circumstances.

You should refer to "Item 1A. Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2025 filed with the SEC on February 19, 2026, as well as other risks and uncertainties set forth from time to time in reports subsequently filed with the SEC.

Additional Financial Information Certain gains and (charges), quarter-to-date

The following table provides a summary of certain gains and (charges) that may be of interest to investors, including a description of these items and their effect on Net income (loss) attributable to Bunge, Earnings per share diluted and EBIT for the three month periods ended March 31, 2026 and 2025.

(US$ in millions, except per share data)

Net Income (Loss)

Attributable to

Bunge

Earnings

Per Share

Diluted

EBIT

Three months ended March 31,

2026

2025

2026

2025

2026

2025

Reportable Segments:

$

(6

)

$

—

$

(0.03

)

$

—

$

(6

)

$

—

Soybean Processing and Refining

$

—

$

—

$

—

$

—

$

—

$

—

Softseed Processing and Refining

$

—

$

—

$

—

$

—

$

—

$

—

Tropical Oils and Specialty Ingredients

$

—

$

—

$

—

$

—

$

—

$

—

Grain Merchandising and Milling

$

(6

)

$

—

$

(0.03

)

$

—

$

(6

)

$

—

Acquisition and integration costs

(6

)

—

(0.03

)

—

(6

)

—

Corporate and Other:

$

(35

)

$

(33

)

$

(0.17

)

$

(0.25

)

$

(35

)

$

(32

)

Acquisition and integration costs

(35

)

(33

)

(0.17

)

(0.25

)

(35

)

(32

)

Total

$

(41

)

$

(33

)

$

(0.20

)

$

(0.25

)

$

(41

)

$

(32

)

See Definition and Reconciliation of Non-GAAP Measures.

Reportable Segments

Grain Merchandising and Milling

EBIT for the three months ended March 31, 2026 included $6 million in Selling, general and administrative expenses related to the completed business combination with Viterra.

Corporate and Other

The following is a summary of acquisition and integration costs related to the completed business combination agreement with Viterra recorded in the Company's Condensed Consolidated Statements of Income (Loss).

Three Months Ended

(US$ in millions)

Mar 31, 2026

Mar 31, 2025

Cost of goods sold

$

(1

)

$

—

Selling, general and administrative expenses

(34

)

(32

)

Interest expense

(9

)

(4

)

Income tax (expense) benefit

9

3

Net income (loss)

$

(35

)

$

(33

)

Condensed Consolidated Earnings Data (Unaudited) Three Months Ended

March 31,

(US$ in millions, except per share data)

2026

2025

Net sales

$

21,861

$

11,643

Cost of goods sold

(21,095

)

(11,046

)

Gross profit

766

597

Selling, general and administrative expenses

(531

)

(380

)

Foreign exchange gains (losses) – net

(94

)

25

Other income (expense) – net

53

82

Income (loss) from affiliates

3

5

EBIT attributable to noncontrolling interest (a) (1)

(13

)

(1

)

Total EBIT

184

328

Interest income

45

59

Interest expense

(181

)

(104

)

Income tax (expense) benefit

14

(80

)

Noncontrolling interest share of interest and tax (a) (1)

6

(2

)

Net income (loss) attributable to Bunge (1)

$

68

$

201

Net income (loss) attributable to Bunge shareholders - diluted

$

0.35

$

1.48

Weighted–average shares outstanding - diluted

196

135

Condensed Consolidated Balance Sheets (Unaudited) March 31,

December 31,

(US$ in millions)

2026

2025

Assets

Cash and cash equivalents

$

839

$

1,135

Time deposits under trade structured finance program

102

208

Trade accounts receivable, net

3,975

3,870

Inventories (a)

15,428

13,198

Assets held for sale

196

191

Other current assets

6,554

5,789

Total current assets

27,094

24,391

Property, plant and equipment, net

11,877

11,678

Operating lease assets

1,733

1,686

Goodwill and other intangible assets, net

3,595

3,450

Investments in affiliates

1,276

1,495

Other non-current assets

2,001

1,828

Total assets

$

47,576

$

44,528

Liabilities and Equity

Short-term debt

$

3,245

$

3,883

Current portion of long-term debt

1,361

1,337

Letter of credit obligations under trade structured finance program

102

208

Trade accounts payable

6,176

4,881

Current operating lease obligations

501

499

Liabilities held for sale

60

61

Other current liabilities

5,495

4,258

Total current liabilities

16,940

15,127

Long-term debt

9,947

8,831

Non-current operating lease obligations

1,135

1,097

Other non-current liabilities

2,077

2,051

Total liabilities

30,099

27,106

Redeemable noncontrolling interest

51

53

Total equity

17,426

17,369

Total liabilities, redeemable noncontrolling interest and equity

$

47,576

$

44,528

Condensed Consolidated Statements of Cash Flows (Unaudited) Three Months Ended
March 31,

(US$ in millions)

2026

2025

Operating Activities

Net income (loss) (1)

$

75

$

204

Adjustments to reconcile net income (loss) to cash provided by (used for) operating activities:

Foreign exchange (gain) loss on net debt

(102

)

(84

)

Depreciation, depletion and amortization

238

120

Share-based compensation expense

23

19

Deferred income tax expense (benefit)

(58

)

22

Results from affiliates

(3

)

(5

)

Other, net

12

25

Changes in operating assets and liabilities, excluding the effects of acquisitions and dispositions:

Trade accounts receivable

(1

)

(136

)

Inventories

(2,169

)

(1,245

)

Secured advances to suppliers

(124

)

(39

)

Trade accounts payable and accrued liabilities

1,003

898

Advances on sales

(77

)

(140

)

Net unrealized (gain) loss on derivative contracts

958

27

Margin deposits

(295

)

21

Recoverable and income taxes, net

77

77

Marketable securities

(98

)

(35

)

Other, net

—

(14

)

Cash provided by (used for) operating activities

(541

)

(285

)

Investing Activities

Payments made for capital expenditures

(336

)

(310

)

Acquisitions of businesses (net of cash acquired)

(105

)

—

Proceeds from investments

681

339

Payments for investments

(443

)

(455

)

Settlement of net investment hedges

—

4

Proceeds from sale of investments in affiliates

—

100

Payments for investments in affiliates

(5

)

(25

)

Other, net

26

67

Cash provided by (used for) investing activities

(182

)

(280

)

Financing Activities

Net borrowings (repayments) of short-term debt

(639

)

453

Net proceeds (repayments) of long-term debt

1,190

(55

)

Dividends paid to registered or common shareholders

(136

)

(91

)

Capital contributions (return of capital) from noncontrolling interests, net

16

7

Sale of redeemable noncontrolling interest

—

206

Acquisition of noncontrolling interest

—

(18

)

Other, net

(25

)

(12

)

Cash provided by (used for) financing activities

406

490

Effect of exchange rate changes on cash and cash equivalents, and restricted cash

(2

)

(4

)

Net increase (decrease) in cash and cash equivalents, and restricted cash

(319

)

(79

)

Cash and cash equivalents, and restricted cash - beginning of period

1,166

3,328

Cash and cash equivalents, and restricted cash - end of period

$

847

$

3,249

Definition and Reconciliation of Non-GAAP Measures This earnings release contains certain "non-GAAP financial measures" as defined in Regulation G of the Securities Exchange Act of 1934. Bunge has reconciled these non-GAAP financial measures to the most directly comparable U.S. GAAP measures below. These measures may not be comparable to similarly titled measures used by other companies.

Total EBIT and Adjusted Total EBIT

Bunge uses earnings before interest and tax ("EBIT”) to evaluate the operating performance of its individual reportable segments as well as Corporate and Other results. Total EBIT excludes EBIT attributable to noncontrolling interests. Bunge also uses Segment EBIT, Corporate and Other EBIT and Total EBIT to evaluate the operating performance of Bunge’s reportable segments and Total reportable segments together with Corporate and Other activities. Segment EBIT is the aggregate of the earnings before interest and taxes of each of Bunge’s Soybean Processing and Refining, Softseed Processing and Refining, Tropical Oils and Specialty Ingredients, and Grain Merchandising and Milling reportable segments. Total EBIT is the aggregate of the earnings before interest and taxes of Bunge’s reportable segments, together with its Corporate and Other activities.

Adjusted Segment EBIT, Adjusted Corporate and Other EBIT and Adjusted Total EBIT, are calculated by excluding temporary mark-to-market timing differences, as defined in note 2 below, and certain gains and (charges), as described in "Additional Financial Information" above, from Segment EBIT, Corporate and Other EBIT, and Total EBIT, respectively.

Segment EBIT, Corporate and Other EBIT, Total EBIT, Adjusted Segment EBIT, Adjusted Corporate and Other EBIT, and Adjusted Total EBIT are non-GAAP financial measures and are not intended to replace Net income (loss) attributable to Bunge, the most directly comparable U.S. GAAP financial measure. Bunge's management believes these non-GAAP measures are a useful measure of its operating profitability since the measures allow for an evaluation of performance without regard to financing methods or capital structure. For this reason, operating performance measures such as these non-GAAP measures are widely used by analysts and investors in Bunge's industries. These non-GAAP measures are not a measure of consolidated operating results under U.S. GAAP and should not be considered as an alternative to Net income (loss) or any other measure of consolidated operating results under U.S. GAAP.

Net Income (loss) attributable to Bunge to Adjusted Net Income (loss) attributable to Bunge

Adjusted Net Income (loss) excludes temporary mark-to-market timing differences, as defined in note 2 below, and certain gains and (charges), as described in "Additional Financial Information" above, and is a non-GAAP financial measure. This measure is not a measure of Net income (loss) attributable to Bunge, the most directly comparable U.S. GAAP financial measure. It should not be considered as an alternative to Net Income (loss) attributable to Bunge, Net Income (loss), or any other measure of consolidated operating results under U.S. GAAP. Bunge's management believes Adjusted Net income (loss) is a useful measure of the Company's profitability.

We also have presented projected Adjusted Net income per share for 2026. This information is provided only on a non-GAAP basis without reconciliation to projected Net Income per share for 2026, the most directly comparable U.S. GAAP measure. The most directly comparable GAAP measure has not been provided due to the inability to quantify certain amounts necessary for such reconciliation, including but not limited to potentially significant future market price movements in 2026, and Bunge believes such reconciliations would imply a degree of precision that would be confusing or misleading to investors. The information necessary to prepare the comparable U.S. GAAP presentation could result in significant differences from projected Adjusted Net income per share for full-year 2026.

Below is a reconciliation of Net income (loss) attributable to Bunge, to Total EBIT, and Adjusted Total EBIT:

Three Months Ended

March 31,

(US$ in millions)

2026

2025

Net income (loss) attributable to Bunge

$

68

$

201

Interest income

(45

)

(59

)

Interest expense

181

104

Income tax expense (benefit)

(14

)

80

Noncontrolling interest share of interest and tax

(6

)

2

Total EBIT

$

184

$

328

Soybean Processing and Refining EBIT

$

209

$

271

Softseed Processing and Refining EBIT

76

82

Tropical Oils and Specialty Ingredients EBIT

110

5

Grain Merchandising and Milling EBIT

(76

)

46

Segment EBIT

$

319

$

404

Corporate and Other EBIT

$

(135

)

$

(76

)

Total EBIT

$

184

$

328

Mark-to-market timing difference

336

2

Certain (gains) & charges

41

32

Adjusted Total EBIT

$

561

$

362

Below is a reconciliation of Net income (loss) attributable to Bunge, to Adjusted Net income (loss) attributable to Bunge:

Three Months Ended

March 31,

(US$ in millions, except per share data)

2026

2025

Net income (loss) attributable to Bunge

$

68

$

201

Adjustment for Mark-to-market timing difference

250

10

Adjusted for Certain (gains) and charges:

Acquisition and integration costs

41

33

Adjusted Net income (loss) attributable to Bunge

$

359

$

244

Weighted-average shares outstanding - diluted (a)

196

135

Adjusted Net income (loss) per share - diluted

$

1.83

$

1.81

Adjusted Funds From Operations

Adjusted FFO is calculated by excluding from Cash provided by (used for) operating activities, foreign exchange gain (loss) on net debt, working capital changes, net (income) loss attributable to noncontrolling interests and redeemable noncontrolling interests, and mark-to-market timing differences after tax. Adjusted FFO is a non-GAAP financial measure and is not intended to replace Cash provided by (used for) operating activities, the most directly comparable U.S. GAAP financial measure. Bunge's management believes the presentation of this liquidity measure allows investors to view its cash generating performance using the same measure that management uses in evaluating financial and business performance and trends without regard to foreign exchange gains and losses, working capital changes and mark-to-market timing differences. This non-GAAP measure is not a measure of consolidated cash flow under U.S. GAAP and should not be considered as an alternative to Cash provided by (used for) operating activities, Net increase (decrease) in cash and cash equivalents, and restricted cash, or any other measure of consolidated cash flow under U.S. GAAP.

Notes Three months ended March 31,

(US$ in millions)

2026

2025

Net income (loss) attributable to Bunge

$

68

$

201

EBIT attributable to noncontrolling interest

13

1

Noncontrolling interest share of interest and tax

(6

)

2

Net income (loss)

$

75

$

204

Three Months Ended

March 31,

(US$ in millions)

2026

2025

Cash provided by (used for) operating activities​

$

(541

)

$

(285

)

Foreign exchange gain (loss) on net debt​

102

84

Working capital changes​

726

586

Net (income) loss attributable to noncontrolling interests and redeemable noncontrolling interests​

(7

)

(3

)

Mark-to-Market timing difference, after tax​

250

10

Adjusted FFO

$

530

$

392

Bunge Global (BG - Free Report) came out with quarterly earnings of $1.83 per share, beating the Zacks Consensus Estimate of $0.97 per share. This compares to earnings of $1.81 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +89.64%. A quarter ago, it was expected that this agribusiness and food company would post earnings of $1.82 per share when it actually produced earnings of $1.99, delivering a surprise of +9.34%.

Over the last four quarters, the company has surpassed consensus EPS estimates four times.

Bunge Global, which belongs to the Zacks Agriculture - Products industry, posted revenues of $21.86 billion for the quarter ended March 2026, missing the Zacks Consensus Estimate by 6.39%. This compares to year-ago revenues of $11.64 billion. The company has topped consensus revenue estimates two times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Bunge Global shares have added about 41.9% since the beginning of the year versus the S&P 500's gain of 4.3%.

What's Next for Bunge Global?While Bunge Global has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Bunge Global was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.69 on $23.49 billion in revenues for the coming quarter and $8.68 on $93.8 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Agriculture - Products is currently in the top 16% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Another stock from the same industry, BrightView Holdings (BV - Free Report) , has yet to report results for the quarter ended March 2026. The results are expected to be released on May 5.

This investment company is expected to post quarterly earnings of $0.08 per share in its upcoming report, which represents a year-over-year change of -42.9%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

BrightView Holdings' revenues are expected to be $644.51 million, down 2.7% from the year-ago quarter.

For the quarter ended March 2026, Bunge Global (BG - Free Report) reported revenue of $21.86 billion, up 87.8% over the same period last year. EPS came in at $1.83, compared to $1.81 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $23.35 billion, representing a surprise of -6.39%. The company delivered an EPS surprise of +89.64%, with the consensus EPS estimate being $0.97.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Bunge Global performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

Volume - Soybean Processing and Refining - Soybeans processed: 10,757.00 MTons compared to the 10,340.25 MTons average estimate based on two analysts.Volume - Soybean Processing and Refining - Soybeans merchandised: 5,133.00 MTons compared to the 4,745.13 MTons average estimate based on two analysts.Volume - Soybean Processing and Refining - Refined oil production: 857.00 MTons versus 880.48 MTons estimated by two analysts on average.Volume - Grain Merchandising and Milling: $26.56 billion compared to the $26.59 billion average estimate based on two analysts.Volume - Softseed Processing and Refining - Softseeds merchandised: 1,406.00 MTons versus 785.00 MTons estimated by two analysts on average.Volume - Softseed Processing and Refining - Refined oil production: 773.00 MTons versus the two-analyst average estimate of 735.28 MTons.Volume - Softseed Processing and Refining - Softseeds processed: 3,281.00 MTons compared to the 3,236.15 MTons average estimate based on two analysts.Adjusted EBIT- Soybean Processing and Refining: $377 million versus $252.87 million estimated by two analysts on average.Adjusted EBIT- Softseed Processing and Refining: $195 million compared to the $144.93 million average estimate based on two analysts.Adjusted EBIT- Corporate: $-113 million compared to the $-122.93 million average estimate based on two analysts.Adjusted EBIT- Corporate and Other: $-100 million compared to the $-121.68 million average estimate based on two analysts.Adjusted EBIT- Grain Merchandising and Milling: $44 million compared to the $97.99 million average estimate based on two analysts.View all Key Company Metrics for Bunge Global here>>>

Shares of Bunge Global have returned -0.7% over the past month versus the Zacks S&P 500 composite's +12.2% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.

The Basic Materials group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Braskem (BAK - Free Report) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.

Braskem is one of 248 companies in the Basic Materials group. The Basic Materials group currently sits at #14 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.

The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. Braskem is currently sporting a Zacks Rank of #1 (Strong Buy).

The Zacks Consensus Estimate for BAK's full-year earnings has moved 11.9% higher within the past quarter. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.

According to our latest data, BAK has moved about 22.4% on a year-to-date basis. At the same time, Basic Materials stocks have gained an average of 12.1%. This shows that Braskem is outperforming its peers so far this year.

Bunge Global (BG - Free Report) is another Basic Materials stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 41.8%.

The consensus estimate for Bunge Global's current year EPS has increased 0.6% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).

Looking more specifically, Braskem belongs to the Chemical - Specialty industry, a group that includes 44 individual stocks and currently sits at #179 in the Zacks Industry Rank. Stocks in this group have gained about 10.6% so far this year, so BAK is performing better this group in terms of year-to-date returns.

Bunge Global, however, belongs to the Agriculture - Products industry. Currently, this 3-stock industry is ranked #19. The industry has moved +28% so far this year.

Investors interested in the Basic Materials sector may want to keep a close eye on Braskem and Bunge Global as they attempt to continue their solid performance.

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

You don’t need to be an economist to determine that the path of least resistance for inflation will be higher as 2026 rolls on. While energy prices are the biggest determining factor, we have seen grocery prices, especially in the meat department, remain elevated for months, and electricity costs could rise as more data centers are built and come online. The bottom line is that energy prices touch everything, and while they likely won’t stay above $100 when the Iran conflict is resolved, they will remain higher than previously anticipated for 2026.

One thing is for sure: history shows that five sectors tend to outperform during inflationary periods, and all offer some outstanding companies to invest in now. We found five stocks, one in each sector, and all are rated Buy at the top Wall Street companies we cover here at 24/7 Wall St.

Here are the five sectors that typically do better during inflationary times:

Energy Materials/Commodities Real Estate Financials Consumer Staples Obviously, the energy sector exploded higher at the outset of the conflict with Iran, but there are still outstanding opportunities. We screened all five sectors and found five outstanding companies, one in each sector that pays big, reliable dividends and should do well as 2026 progresses and prices stay elevated. Hopefully, the economy will remain strong enough that inflation doesn’t turn into a period of stagflation, a term that describes a stagnant economy with inflation.

Energy: Enterprise Products Partners This top midstream giant is an American midstream natural gas and crude oil pipeline company headquartered in Houston, Texas. Enterprise Products Partners (NYSE: EPD | EPD Price Prediction) is one of the most extensive publicly traded energy partnerships, paying a very reliable 5.89% dividend.

The company’s debt-to-EBITDA ratio ranges from 3.1x to 3.4x, which is moderate for a midstream energy company, and its interest coverage ratio is 5x. Enterprise Products Partners generates strong free cash flow, with an operating cash flow of approximately $8.8 billion, resulting in around $4.2 billion in free cash flow annually, after deducting capital expenditures. Another significant benefit for shareholders is that most of the corporate debt is fixed-rate, thereby limiting the risk of rising interest rates.

The company provides various midstream energy services, including:

Gathering Processing Transporting and storing natural gas, natural gas liquids (NGL), and fractionation Import and export terminalling Offshore production platform The company has four reportable business segments:

Natural Gas Pipelines and Services NGL Pipelines and Services Petrochemical Services Crude Oil Pipelines and Services One reason many analysts like the stock might be its distribution coverage ratio. The company’s coverage ratio is well above 1x, making it relatively less risky among the master limited partnerships.

Wells Fargo has an Overweight rating with a $42 target price objective.

Materials/Commodities: Bunge Global While off the radar of many investors, this company, located outside St. Louis, pays a 2.26% dividend and could be a big winner the rest of 2026. Bunge Global (NYSE: BG) is an agribusiness and food company that operates through four segments:

Agribusiness Refined and Specialty Oils Milling and Sugar Bioenergy The Agribusiness segment purchases, stores, transports, processes, and sells agricultural commodities and commodity products, including oilseeds, primarily soybeans, rapeseed, canola, and sunflower seeds, as well as grains comprising wheat and corn. It processes oilseeds into vegetable oils and protein meals.

This segment offers its products for:

Animal feed manufacturers Livestock producers Wheat and corn millers Oilseed processors Third-party edible oil processing Biofuel companies for biofuel production applications The Refined and Specialty Oils segment sells packaged and bulk oils and fats that comprise:

Cooking oils Shortenings Margarines Mayonnaise Renewable diesel feedstocks Products for baked goods companies, snack food producers, confectioners, restaurant chains, foodservice operators, infant nutrition companies, other food manufacturers, grocery chains, wholesalers, distributors, and other retailers This segment also refines and fractionates palm oil, palm kernel oil, coconut oil, shea butter, and olive oil, and produces specialty ingredients derived from vegetable oils, such as lecithin.

The Milling segment provides wheat flours and bakery mixes; corn milling products comprising dry-milled corn meals and flours, wet-milled masa and flours, and flaking and brewer’s grits; soy-fortified corn meal, corn-soy blends, and other products; whole-grain and fiber ingredients; die-cut pellets; and non-GMO products.

The Sugar and Bioenergy segment produces sugar and ethanol, and generates electricity from burning sugarcane bagasse.

BMO Capital Markets has an Outperform rating with a target price of $150.

Real Estate: Simon Property Group Simon Property Group (NYSE: SPG), a leading real estate company, is a self-administered and self-managed real estate investment trust (REIT) that pays a solid 4.23% dividend. It owns, develops, and manages premier shopping, dining, entertainment, and mixed-use destinations, primarily consisting of malls, Premium Outlets, and The Mills.

The company owns or holds an interest in approximately 196 income-producing properties in the United States, which consist of :

93 malls 70 Premium Outlets 14 Mills Six lifestyle centers 13 other retail properties in 37 states and Puerto Rico It also holds an interest in 22 regional, super-regional, and outlet malls in the United States and Asia.

Additionally, redevelopment and expansion projects, including the addition of anchors, big-box tenants, and restaurants, are underway at properties in North America, Europe, and Asia. Internationally, the company owns 35 Premium Outlets and Designer Outlet properties, primarily located in Asia, Europe, and Canada. It also has two luxury outlet destinations in Italy.

Piper Sandler has an Overweight rating with a $230 target price.

Financials: U.S. Bancorp Based in Minneapolis, this super-regional financial giant is an outstanding choice for growth and income investors now, offering a hefty 3.71% dividend. U.S. Bancorp (NYSE: USB) is a financial services holding company.

The bank’s segments are:

Wealth Corporate Commercial and Institutional Banking Consumer and Business Banking Payment Services Treasury and Corporate Support It offers a comprehensive range of financial services, including lending and deposit services, cash management, capital markets, and trust and investment management services. It also engages in credit card services, merchant and ATM processing, mortgage banking, insurance, brokerage, and leasing.

The company’s banking subsidiary, U.S. Bank National Association (USBNA), is engaged in the banking business, principally in domestic markets. USBNA provides a range of products and services to individuals, businesses, institutional organizations, governmental entities, and other financial institutions.

The non-banking subsidiaries offer investment and insurance products to customers primarily within their domestic markets, as well as fund administration services to a range of mutual and other funds.

Oppenheimer has an Outperform rating with a $73 target price.

Consumer Staples: Altria Altria (NYSE: MO) is one of the world’s largest producers and marketers of cigarettes and other tobacco-related products. It offers value investors a solid entry point and a 6.17% dividend. Altria manufactures and sells smokable and oral tobacco products in the United States, and it primarily sells cigarettes under the Marlboro brand, as well as:

Cigars and pipe tobacco, principally under the Black & Mild and Middleton brands Moist smokeless tobacco and snus products under the Copenhagen, Skoal, Red Seal, and Husky brands on! Oral nicotine pouches e-vapor products under the NJOY ACE brand The company sells its tobacco products primarily to wholesalers, including distributors and large retail organizations, such as chain stores.

Altria used to own over 10% of Anheuser-Busch InBev (NYSE: BUD), the world’s largest brewer. In March of 2024, the company sold 35 million of its 197 million shares through a global secondary offering. That represents 18% of its holdings but still leaves 8% of the outstanding shares in its back pocket. Altria also announced a $2.4 billion stock repurchase plan partially funded by the sale.

Altria increased its quarterly dividend in the fall of 2025 by 3.9%, from $1.02 to $1.06 per share, marking its 55th consecutive dividend increase.

UBS has a Buy rating with a $74 target price.

ST. LOUIS--(BUSINESS WIRE)--Shareholders of Bunge Global SA (NYSE: BG) approved a cash dividend in the amount of $2.88 per share, payable in four equal installments of $0.72, at the Company’s 2026 Annual General Meeting held in Geneva, Switzerland, today (“AGM”). The quarterly dividends, which represent an increase of $0.02 per share from last year, will be paid as indicated below:

Bunge Quarter, Fiscal Year

Payment Date

Record Date

Amount

2nd Quarter, Fiscal Year 2026

June 1, 2026

May 22, 2026

$0.72

3rd Quarter, Fiscal Year 2026

September 1, 2026

August 18, 2026

$0.72

4th Quarter, Fiscal Year 2026

December 1, 2026

November 17, 2026

$0.72

1st Quarter, Fiscal Year 2027

March 2, 2027

February 16, 2027

$0.72

About Bunge

At Bunge our purpose is to connect farmers to consumers to deliver essential food, feed, and fuel to the world. As a premier agribusiness solutions provider, our dedicated employees partner with farmers across the globe to move agricultural commodities from where they’re grown to where they’re needed—in faster, smarter, and more efficient ways. We are a world leader in grain origination, storage, distribution, oilseed processing and refining, offering a broad portfolio of plant-based oils, fats, and proteins. We work alongside our customers at both ends of the value chain to deliver quality products and develop tailored, innovative solutions that address evolving consumer needs. With 200+ years of experience and presence in over 50 countries, we are committed to strengthening global food security, advancing sustainability, and helping communities prosper where we operate. Bunge has its registered office in Geneva, Switzerland, and its corporate headquarters in St. Louis, Missouri. Learn more at Bunge.com.

Website Information

We routinely post important information for investors on our website, www.bunge.com, in the "Investor Center" section. We may use this website as a means of disclosing material, non-public information and for complying with our disclosure obligations under Regulation FD. Accordingly, investors should monitor the Investors section of our website, in addition to following our press releases, SEC filings, public conference calls, presentations and webcasts. The information contained on, or that may be accessed through, our website is not incorporated by reference into, and is not a part of, this document.