Bunge Global reported Q4 adjusted diluted EPS of $1.99, surpassing the Zacks Consensus Estimate of $1.82 and representing a modest year-over-year decline from $2.13 in Q4 2024. On a GAAP basis, diluted EPS was $0.49 compared with $4.36 a year ago, reflecting mark-to-market timing differences of $0.55 and certain non-recurring charges of $0.95 per share. Net income attributable to Bunge totaled $95 million for the quarter, down from $602 million in the prior-year period.

Net sales for Q4 climbed 75% year-over-year to $23.3 billion, driven by higher processing and merchandising volumes following the completion of the Viterra acquisition. Soybeans processed rose to 11.46 million metric tons (up 19%), while softseeds processed increased to 3.48 million metric tons (up 44%). Grain merchandising volumes nearly tripled to 26.19 million metric tons, reflecting the integrated origination footprint.

Corporate and Other EBIT swung to a loss of $334 million, compared with income of $35 million in Q4 2024, as acquisition and integration costs related to Viterra weighed on results. Mark-to-market timing impacts added $135 million of volatility to total EBIT, which on an adjusted basis was $622 million, up 40% versus the prior year. Selling, general and administrative expenses rose by $146 million quarter-over-quarter, driven by the expanded global network.

All four reportable segments delivered higher adjusted EBIT in Q4. Soybean Processing and Refining adjusted EBIT was $302 million (up 1%), led by stronger margins in South America. Softseed Processing and Refining saw adjusted EBIT increase to $209 million (up 179%), reflecting higher processing margins and new Viterra assets. Other Oilseeds adjusted EBIT rose to $68 million (up 162%) on improved specialty oils performance. Grain Merchandising and Milling adjusted EBIT reached $177 million (up 20%), fueled by scaled origination volumes and favorable logistics execution.