Biofuels did the heavy lifting: crushing operating profit jumped $298 million year over year, enough for management to lift full-year adjusted EPS guidance to roughly $5.50 to $5.80. Revenue still came in under expectations, so the question is how long the renewable fuel margin window stays open.
Latest Activity
The ag processor reports at 6:00 AM ET, with consensus at $1.60 a share on $23.49 billion in revenue. Last quarter's result landed nearly 30% above estimates, so anything short of a third straight beat puts the recent earnings momentum in question.
Soybean processing EBIT jumped to $547 million from $337 million a year ago, carrying Bunge past EPS and revenue expectations and keeping the full-year adjusted EPS outlook intact. That is six straight quarters of topping consensus EPS.
Mad Money w/ Jim Cramer 10/7/26
- Cramer splits the market in two: credit-dependent names like Caterpillar, Ford and IBM versus AI borrowers that price near Treasuries
- SpaceX seeking $40 billion to buy Nvidia chips at triple-B rating, while Paramount Skydance bondholders got hit at 8%
- Oracle flagged as the one data-center name still exposed to credit market scrutiny
- Caller advice: swap Western Digital into cheaper Micron; Vertiv the pick after GE Vernova on data center infrastructure
AI and data-center names no longer trade off Treasury auctions, so a weak auction hits the industrial and consumer side of your book while chip and power names sail through, with Oracle the named exception. On the calls, he pushed Micron over Western Digital and ranked Vertiv right behind GE Vernova on infrastructure.
ADM Coverage
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