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Jul 03, 2021
Seaboard Q2 2021 Earnings Report
Seaboard's earnings increased significantly in the second quarter of 2021.
Key Takeaways
Seaboard Corporation reported net sales of $2.43 billion and net earnings of $176 million for the three months ended July 3, 2021. This represents a significant increase compared to the same period last year, when the company reported net sales of $1.808 billion and a net loss of $27 million.
Net sales for the quarter were $2.43 billion, up from $1.808 billion in the same period last year.
Operating income for the quarter was $165 million, compared to $9 million in the same period last year.
Net earnings attributable to Seaboard were $176 million, a significant improvement from a net loss of $27 million in the same period last year.
Earnings per common share were $151.56, compared to a loss per share of $23.51 in the same period last year.