EPS and revenues miss analyst expectations
Second quarter 2022 results:
- EPS: US$2.77 (down from US$3.79 in 2Q 2021).
- Revenue: US$29.6b (down 9.6% from 2Q 2021).
- Net income: US$8.20b (down 29% from 2Q 2021).
- Profit margin: 28% (down from 35% in 2Q 2021).
Revenue missed analyst estimates by 3.5%. Earnings per share (EPS) also missed analyst estimates by 4.7%.
