Bunge Limited Fourth Quarter Earnings Sneak Peek

Bunge Limited (NYSE:BG) will unveil its latest earnings on Thursday, February 9, 2012. Bunge is a global agribusiness and food company, operating in the farm-to-consumer food chain. It conducts its operations in three divisions: agribusiness, fertilizer, and food and ingredients.

Bunge Limited Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of $1.64 per share, a decline of 17.6% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from $1.68. Between one and three months ago, the average estimate moved down. It has been unchanged at $1.64 during the last month. Analysts are projecting profit to rise by 42.9% versus last year to $5.90.

Past Earnings Performance: Last quarter, the company missed estimates by 79 cents, coming in at profit of 86 cents per share versus a mean estimate of net income of $1.65 per share. In the second quarter, the company beat estimates by 31 cents.

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Wall St. Revenue Expectations: Analysts are projecting a rise of 7.9% in revenue from the year-earlier quarter to $13.73 billion.

Analyst Ratings: Analysts are bullish on Bunge as four analysts rate it as a buy, none rate it as a sell and four rate it as a hold.

A Look Back: In the third quarter, profit fell 34% to $140 million (89 cents a share) from $212 million ($1.36 a share) the year earlier, missing analyst expectations. Revenue rose 33.9% to $15.62 billion from $11.66 billion.

Key Stats:

The company has enjoyed double-digit year-over-year percentage revenue growth for the past four quarters. Over that span, the company has averaged growth of 26.4%, with the biggest boost coming in the most recent quarter when revenue rose 33.9% from the year earlier quarter.

The company has seen net income fall in each of the last two quarters. Net income dropped 82.2% in the second quarter.

Stock Price Performance: During December 6, 2011 to February 3, 2012, the stock price had fallen $4.88 (-7.8%) from $62.79 to $57.91. The stock price saw one of its best stretches over the last year between October 7, 2011 and October 14, 2011 when shares rose for six-straight days, rising 5.7% (+$3.18) over that span. It saw one of its worst periods between December 9, 2011 and December 19, 2011 when shares fell for seven-straight days, falling 9.6% (-$5.93) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com