Second quarter 2021 earnings released: EPS US$1.62 (vs US$2.66 loss in 2Q 2020)
The company reported a strong second quarter result with improved earnings, revenues and profit margins.Second quarter 2021 results:
- Revenue: US$3.42b (up 199% from 2Q 2020).
- Net income: US$380.0m (up US$818.0m from 2Q 2020).
- Profit margin: 11% (up from net loss in 2Q 2020).
Over the last 3 years on average, the company’s share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance.