Stocks To Watch Ahead Of Earnings: Bunge
Buying a stock just ahead of earnings involves risk since you typically don't have enough time to establish a profit cushion before the latest quarterly numbers come out. Be sure to follow sound buy and sell rules to minimize your exposure.
Earnings growth slowed in the most recent report from 244% to 39%. But sales moved higher, from 41% to 63%.
Analysts expect earnings-per-share growth of -42% for the quarter, and an -13% gain for the full year.
Bunge has a 91 Composite Rating and holds the No. 2 rank among its peers in the Agricultural Operations industry group. Darling Ingredients is the No. 1-ranked stock within the group.
Note: Dates for earnings reports are subject to change. Check the company's website for any updates.