Bunge Q1 profit beats forecast on strong South American exports
CHICAGO, April 28 (Reuters) - U.S. agricultural trader Bunge Ltd reported a stronger-than-expected first-quarter profit on Thursday, bolstered by strong South American crop exports.
Bunge reported a net profit available to shareholders of $222 million, or $1.60 per share, compared with $249 million, or $1.67 per share, in the same period a year ago.
Excluding items, the company earned $1.41 per share, above analysts' average estimate of 73 cents per share, according to Thomson Reuters I/B/E/S.
Revenue fell to $8.916 billion from $10.806 billion a year ago. (Reporting by Karl Plume Editing by W Simon)
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