Subtext

Bunge Global SA BG

SectorConsumer Staples
Transcripts65
Date range2007-10-26 – 2025-05-07
Calls charted65

Sentiment timeline

Net Loughran-McDonald sentiment per call (×1000), earliest → latest.

-20-10+0+10+202007 Q32011 Q22013 Q32015 Q42018 Q12020 Q22022 Q32024 Q42007 Q3 · Overall: +6.32007 Q4 · Overall: +9.22008 Q1 · Overall: +3.32008 Q2 · Overall: +10.02008 Q3 · Overall: +2.12008 Q4 · Overall: +2.12009 Q1 · Overall: +4.82009 Q2 · Overall: +4.62009 Q4 · Overall: +3.12011 Q2 · Overall: +8.42011 Q3 · Overall: +6.42011 Q4 · Overall: +3.42012 Q1 · Overall: +3.72012 Q2 · Overall: +9.12012 Q3 · Overall: +5.12012 Q4 · Overall: +6.62013 Q1 · Overall: +5.92013 Q2 · Overall: +7.92013 Q3 · Overall: +10.32013 Q4 · Overall: +6.42014 Q1 · Overall: +3.62014 Q2 · Overall: +17.52014 Q3 · Overall: +9.72014 Q4 · Overall: +11.22015 Q1 · Overall: +12.72015 Q2 · Overall: +6.82015 Q3 · Overall: +8.92015 Q4 · Overall: +16.52016 Q1 · Overall: +9.22016 Q2 · Overall: +11.72016 Q3 · Overall: +8.72016 Q4 · Overall: +8.22017 Q1 · Overall: +2.22017 Q2 · Overall: +7.02017 Q3 · Overall: +7.82017 Q4 · Overall: +3.42018 Q1 · Overall: +10.52018 Q2 · Overall: +6.52018 Q3 · Overall: +9.42018 Q4 · Overall: +5.12019 Q1 · Overall: +4.42019 Q2 · Overall: +7.42019 Q3 · Overall: +7.92019 Q4 · Overall: +11.12020 Q1 · Overall: -2.82020 Q2 · Overall: +10.02020 Q3 · Overall: +14.32020 Q4 · Overall: +14.72021 Q1 · Overall: +11.02021 Q2 · Overall: +8.12021 Q3 · Overall: +15.72021 Q4 · Overall: +12.32022 Q1 · Overall: +7.52022 Q2 · Overall: +9.02022 Q3 · Overall: +2.62022 Q4 · Overall: +11.32023 Q1 · Overall: +9.02023 Q2 · Overall: +10.02023 Q3 · Overall: +7.82023 Q4 · Overall: +2.02024 Q1 · Overall: +5.42024 Q2 · Overall: +5.62024 Q3 · Overall: +7.22024 Q4 · Overall: +5.52025 Q1 · Overall: +4.4
Overall

CEO vs CFO

Average sentiment of each executive's remarks per call. Divergence is a signal.

-27-14+0+14+272007 Q32011 Q22013 Q32015 Q42018 Q12020 Q22022 Q32024 Q42007 Q3 · CEO: +6.12007 Q4 · CEO: +14.02008 Q1 · CEO: +10.12008 Q2 · CEO: +15.22008 Q3 · CEO: +4.62008 Q4 · CEO: +7.62009 Q1 · CEO: +9.72009 Q2 · CEO: +7.42009 Q4 · CEO: +9.72011 Q2 · CEO: +15.72011 Q3 · CEO: +9.22011 Q4 · CEO: +6.72012 Q1 · CEO: +13.42012 Q2 · CEO: +16.42012 Q3 · CEO: +11.22012 Q4 · CEO: +13.22013 Q1 · CEO: +10.62013 Q2 · CEO: +19.22013 Q3 · CEO: +18.52013 Q4 · CEO: +16.82014 Q1 · CEO: +9.82014 Q2 · CEO: +23.82014 Q3 · CEO: +18.12014 Q4 · CEO: +21.62015 Q1 · CEO: +20.02015 Q2 · CEO: +12.22015 Q3 · CEO: +16.02015 Q4 · CEO: +22.02016 Q1 · CEO: +17.52016 Q2 · CEO: +18.12016 Q3 · CEO: +11.32016 Q4 · CEO: +12.32017 Q1 · CEO: +7.32017 Q2 · CEO: +11.12017 Q3 · CEO: +11.22017 Q4 · CEO: +7.52018 Q1 · CEO: +17.92018 Q2 · CEO: +11.02018 Q3 · CEO: +13.02018 Q4 · CEO: +15.32019 Q1 · CEO: +13.32019 Q2 · CEO: +13.72019 Q3 · CEO: +20.02019 Q4 · CEO: +14.82020 Q1 · CEO: +5.32020 Q2 · CEO: +17.52020 Q3 · CEO: +19.72020 Q4 · CEO: +18.62021 Q1 · CEO: +15.62021 Q2 · CEO: +8.52021 Q3 · CEO: +16.02021 Q4 · CEO: +19.92022 Q1 · CEO: +5.12022 Q2 · CEO: +13.32022 Q3 · CEO: +9.32022 Q4 · CEO: +18.32023 Q1 · CEO: +12.62023 Q2 · CEO: +13.52024 Q2 · CEO: +14.32024 Q3 · CEO: +17.72024 Q4 · CEO: +13.82025 Q1 · CEO: +14.92007 Q3 · CFO: +20.72007 Q4 · CFO: +16.72008 Q1 · CFO: +5.32008 Q2 · CFO: +12.42008 Q3 · CFO: +0.32008 Q4 · CFO: -1.52009 Q1 · CFO: +0.02009 Q2 · CFO: +7.52009 Q4 · CFO: +6.82011 Q2 · CFO: +9.32011 Q3 · CFO: +14.62011 Q4 · CFO: +5.42012 Q1 · CFO: +6.72012 Q2 · CFO: +9.12012 Q3 · CFO: +9.22012 Q4 · CFO: +6.72013 Q1 · CFO: +8.22013 Q2 · CFO: +7.42013 Q3 · CFO: +14.62013 Q4 · CFO: +8.72014 Q1 · CFO: +4.72014 Q2 · CFO: +18.12014 Q3 · CFO: +6.72014 Q4 · CFO: +6.52015 Q1 · CFO: +14.82015 Q2 · CFO: +10.72015 Q3 · CFO: +6.22015 Q4 · CFO: +17.42016 Q1 · CFO: +6.62016 Q2 · CFO: +12.22016 Q3 · CFO: +14.72016 Q4 · CFO: +7.82017 Q1 · CFO: +0.02017 Q2 · CFO: +4.42017 Q3 · CFO: +7.92017 Q4 · CFO: +8.12018 Q1 · CFO: +9.32018 Q2 · CFO: +2.02018 Q3 · CFO: +11.62018 Q4 · CFO: +2.22019 Q1 · CFO: -5.22019 Q2 · CFO: +8.42019 Q3 · CFO: +6.42019 Q4 · CFO: +11.42020 Q1 · CFO: -5.42020 Q2 · CFO: +8.02020 Q3 · CFO: +21.12020 Q4 · CFO: +19.42021 Q1 · CFO: +19.42021 Q2 · CFO: +15.12021 Q3 · CFO: +19.82021 Q4 · CFO: +17.62022 Q1 · CFO: +21.32022 Q2 · CFO: +10.52022 Q3 · CFO: +2.82022 Q4 · CFO: +14.12023 Q1 · CFO: +10.12023 Q2 · CFO: +12.02024 Q2 · CFO: +3.92024 Q3 · CFO: +5.92024 Q4 · CFO: +2.62025 Q1 · CFO: -1.0
CEOCFO

Prepared remarks vs Q&A

Scripted tone vs unscripted answers. The gap is information.

-36-18+0+18+362007 Q32011 Q22013 Q32015 Q42018 Q12020 Q22022 Q32024 Q42007 Q3 · Prepared remarks: +18.32007 Q4 · Prepared remarks: +20.62008 Q1 · Prepared remarks: +11.22008 Q2 · Prepared remarks: +20.72008 Q3 · Prepared remarks: +2.02008 Q4 · Prepared remarks: +0.02009 Q1 · Prepared remarks: +2.42009 Q2 · Prepared remarks: +15.32009 Q4 · Prepared remarks: +20.72011 Q2 · Prepared remarks: +18.82011 Q3 · Prepared remarks: +14.82011 Q4 · Prepared remarks: +10.72012 Q1 · Prepared remarks: +10.02012 Q2 · Prepared remarks: +14.42012 Q3 · Prepared remarks: +10.92012 Q4 · Prepared remarks: +14.62013 Q1 · Prepared remarks: +6.22013 Q2 · Prepared remarks: +22.62013 Q3 · Prepared remarks: +16.42013 Q4 · Prepared remarks: +18.02014 Q1 · Prepared remarks: +6.32014 Q2 · Prepared remarks: +31.72014 Q3 · Prepared remarks: +16.72014 Q4 · Prepared remarks: +20.22015 Q1 · Prepared remarks: +22.52015 Q2 · Prepared remarks: +10.42015 Q3 · Prepared remarks: +15.82015 Q4 · Prepared remarks: +29.42016 Q1 · Prepared remarks: +17.42016 Q2 · Prepared remarks: +18.32016 Q3 · Prepared remarks: +15.22016 Q4 · Prepared remarks: +12.92017 Q1 · Prepared remarks: +10.12017 Q2 · Prepared remarks: +9.82017 Q3 · Prepared remarks: +12.22017 Q4 · Prepared remarks: +7.72018 Q1 · Prepared remarks: +15.22018 Q2 · Prepared remarks: +10.62018 Q3 · Prepared remarks: +16.22018 Q4 · Prepared remarks: +11.02019 Q1 · Prepared remarks: +8.02019 Q2 · Prepared remarks: +15.42019 Q3 · Prepared remarks: +6.12019 Q4 · Prepared remarks: +17.42020 Q1 · Prepared remarks: -2.62020 Q2 · Prepared remarks: +18.02020 Q3 · Prepared remarks: +20.22020 Q4 · Prepared remarks: +20.92021 Q1 · Prepared remarks: +23.02021 Q2 · Prepared remarks: +17.02021 Q3 · Prepared remarks: +21.22021 Q4 · Prepared remarks: +24.52022 Q1 · Prepared remarks: +14.12022 Q2 · Prepared remarks: +14.02022 Q3 · Prepared remarks: +12.22022 Q4 · Prepared remarks: +12.62023 Q1 · Prepared remarks: +12.92023 Q2 · Prepared remarks: +10.22023 Q3 · Prepared remarks: +3.72023 Q4 · Prepared remarks: +23.62024 Q1 · Prepared remarks: +19.82024 Q2 · Prepared remarks: +12.22024 Q3 · Prepared remarks: +12.52024 Q4 · Prepared remarks: +10.42025 Q1 · Prepared remarks: +2.32007 Q3 · Q&A responses: +6.12007 Q4 · Q&A responses: +11.42008 Q1 · Q&A responses: +6.62008 Q2 · Q&A responses: +9.92008 Q3 · Q&A responses: +4.92008 Q4 · Q&A responses: +5.32009 Q1 · Q&A responses: +6.82009 Q2 · Q&A responses: +1.62009 Q4 · Q&A responses: +0.42011 Q2 · Q&A responses: +10.52011 Q3 · Q&A responses: +7.52011 Q4 · Q&A responses: +4.22012 Q1 · Q&A responses: +9.42012 Q2 · Q&A responses: +10.82012 Q3 · Q&A responses: +8.02012 Q4 · Q&A responses: +4.52013 Q1 · Q&A responses: +11.62013 Q2 · Q&A responses: +9.72013 Q3 · Q&A responses: +17.12013 Q4 · Q&A responses: +7.62014 Q1 · Q&A responses: +7.62014 Q2 · Q&A responses: +13.42014 Q3 · Q&A responses: +10.62014 Q4 · Q&A responses: +10.02015 Q1 · Q&A responses: +13.72015 Q2 · Q&A responses: +11.52015 Q3 · Q&A responses: +7.82015 Q4 · Q&A responses: +13.72016 Q1 · Q&A responses: +12.62016 Q2 · Q&A responses: +12.52016 Q3 · Q&A responses: +10.12016 Q4 · Q&A responses: +10.12017 Q1 · Q&A responses: +3.72017 Q2 · Q&A responses: +8.72017 Q3 · Q&A responses: +8.72017 Q4 · Q&A responses: +7.82018 Q1 · Q&A responses: +14.42018 Q2 · Q&A responses: +6.82018 Q3 · Q&A responses: +9.92018 Q4 · Q&A responses: +8.52019 Q1 · Q&A responses: +5.32019 Q2 · Q&A responses: +8.02019 Q3 · Q&A responses: +24.62019 Q4 · Q&A responses: +9.32020 Q1 · Q&A responses: +2.62020 Q2 · Q&A responses: +8.22020 Q3 · Q&A responses: +18.62020 Q4 · Q&A responses: +16.02021 Q1 · Q&A responses: +11.72021 Q2 · Q&A responses: +5.72021 Q3 · Q&A responses: +14.12021 Q4 · Q&A responses: +12.02022 Q1 · Q&A responses: +10.02022 Q2 · Q&A responses: +10.42022 Q3 · Q&A responses: +3.32022 Q4 · Q&A responses: +17.12023 Q1 · Q&A responses: +10.62023 Q2 · Q&A responses: +13.62023 Q3 · Q&A responses: +13.92023 Q4 · Q&A responses: +5.52024 Q1 · Q&A responses: +12.02024 Q2 · Q&A responses: +9.72024 Q3 · Q&A responses: +11.72024 Q4 · Q&A responses: +7.02025 Q1 · Q&A responses: +9.7
Prepared remarksQ&A responses

Tone vs forward expectations

Management tone next to Wall Street's forward-looking numbers (glopardo): the 12-month forward EPS estimate and the forward P/E per call.

Forward EPS estimate

$2.37$7.59$12.822007 Q32011 Q22013 Q32015 Q42018 Q12020 Q22022 Q32024 Q42014 Q1: $7.262014 Q2: $6.572014 Q3: $6.882014 Q4: $7.092015 Q1: $6.522015 Q2: $6.922015 Q3: $6.662015 Q4: $6.472016 Q1: $5.382016 Q2: $5.712016 Q3: $5.912016 Q4: $6.212017 Q1: $6.232017 Q2: $5.762017 Q3: $5.192017 Q4: $4.792018 Q1: $4.352018 Q2: $5.502018 Q3: $5.492018 Q4: $5.172019 Q1: $3.092019 Q2: $3.352019 Q3: $3.712019 Q4: $3.532020 Q1: $3.962020 Q2: $3.392020 Q3: $4.032020 Q4: $5.472021 Q1: $6.342021 Q2: $7.382021 Q3: $8.052021 Q4: $9.342022 Q1: $10.242022 Q2: $12.092022 Q3: $12.102022 Q4: $11.922023 Q1: $11.612023 Q2: $11.552023 Q3: $11.872023 Q4: $11.722024 Q1: $9.522024 Q2: $9.622024 Q3: $9.61

Forward P/E

6.8612.3717.882007 Q32011 Q22013 Q32015 Q42018 Q12020 Q22022 Q32024 Q42014 Q1: 10.772014 Q2: 11.502014 Q3: 12.522014 Q4: 12.752015 Q1: 12.282015 Q2: 13.192015 Q3: 10.772015 Q4: 9.762016 Q1: 10.182016 Q2: 10.862016 Q3: 10.222016 Q4: 11.442017 Q1: 13.092017 Q2: 13.522017 Q3: 13.922017 Q4: 13.822018 Q1: 17.082018 Q2: 12.912018 Q3: 11.882018 Q4: 10.942019 Q1: 16.852019 Q2: 17.122019 Q3: 15.352019 Q4: 15.902020 Q1: 7.632020 Q2: 11.922020 Q3: 11.542020 Q4: 11.822021 Q1: 12.472021 Q2: 10.892021 Q3: 10.072021 Q4: 9.402022 Q1: 10.162022 Q2: 8.602022 Q3: 7.622022 Q4: 8.072023 Q1: 8.332023 Q2: 8.252023 Q3: 9.532023 Q4: 8.972024 Q1: 9.952024 Q2: 10.642024 Q3: 10.17

Divergence watch ⚑

Quarters where tone and the forward EPS estimate moved opposite ways.

  • 2014 Q2 tone ↑ +13.9 fwd EPS ↓ -0.69 Tone rose while the forward EPS estimate was cut.
  • 2014 Q3 tone ↓ -7.8 fwd EPS ↑ +0.31 Tone cooled even as the forward EPS estimate rose.
  • 2015 Q2 tone ↓ -5.8 fwd EPS ↑ +0.41 Tone cooled even as the forward EPS estimate rose.
  • 2015 Q3 tone ↑ +2.1 fwd EPS ↓ -0.27 Tone rose while the forward EPS estimate was cut.
  • 2015 Q4 tone ↑ +7.6 fwd EPS ↓ -0.19 Tone rose while the forward EPS estimate was cut.
  • 2016 Q3 tone ↓ -3.0 fwd EPS ↑ +0.20 Tone cooled even as the forward EPS estimate rose.
  • 2017 Q2 tone ↑ +4.8 fwd EPS ↓ -0.47 Tone rose while the forward EPS estimate was cut.
  • 2018 Q1 tone ↑ +7.2 fwd EPS ↓ -0.44 Tone rose while the forward EPS estimate was cut.
  • 2018 Q2 tone ↓ -4.0 fwd EPS ↑ +1.15 Tone cooled even as the forward EPS estimate rose.
  • 2019 Q4 tone ↑ +3.2 fwd EPS ↓ -0.18 Tone rose while the forward EPS estimate was cut.
  • 2020 Q1 tone ↓ -13.9 fwd EPS ↑ +0.44 Tone cooled even as the forward EPS estimate rose.
  • 2020 Q2 tone ↑ +12.8 fwd EPS ↓ -0.57 Tone rose while the forward EPS estimate was cut.
  • 2021 Q1 tone ↓ -3.7 fwd EPS ↑ +0.87 Tone cooled even as the forward EPS estimate rose.
  • 2021 Q2 tone ↓ -2.9 fwd EPS ↑ +1.04 Tone cooled even as the forward EPS estimate rose.
  • 2021 Q4 tone ↓ -3.4 fwd EPS ↑ +1.29 Tone cooled even as the forward EPS estimate rose.
  • 2022 Q1 tone ↓ -4.8 fwd EPS ↑ +0.90 Tone cooled even as the forward EPS estimate rose.
  • 2022 Q4 tone ↑ +8.7 fwd EPS ↓ -0.18 Tone rose while the forward EPS estimate was cut.
  • 2023 Q3 tone ↓ -2.2 fwd EPS ↑ +0.31 Tone cooled even as the forward EPS estimate rose.
  • 2024 Q1 tone ↑ +3.4 fwd EPS ↓ -2.20 Tone rose while the forward EPS estimate was cut.

Recent transcripts

CallDateSentiment ×1000Fwd EPSFwd P/E
2025 Q12025-05-07+4.4——View →
2024 Q42025-02-05+5.5——View →
2024 Q32024-10-30+7.2$9.6110.2View →
2024 Q22024-07-31+5.6$9.6210.6View →
2024 Q12024-04-24+5.4$9.529.9View →
2023 Q42024-02-07+2.0$11.729.0View →
2023 Q32023-10-26+7.8$11.879.5View →
2023 Q22023-08-02+10.0$11.558.2View →