A flurry of second-quarter results on Tuesday showed mostly better-than-expected profits across industries, though revenue trends and outlooks were mixed. Utility Duke Energy exceeded forecasts with revenue of $7.51 billion and adjusted earnings of $1.25 a share, helped by higher regulated returns. Agribusiness giant Archer-Daniels-Midland also topped profit estimates, posting adjusted earnings of $0.93 a share, but sales slipped slightly below expectations and the company narrowed its full-year guidance to about $4.00 a share, down from a previously projected range of $4.00 to $4.75. Defense contractor BWX Technologies delivered a 12 % year-on-year revenue increase to $764 million and lifted its 2025 profit forecast after adjusted earnings of $1.02 a share beat consensus by more than 20 cents. BP reported stronger-than-expected adjusted earnings of roughly 15 cents a share, announced a $750 million share buyback and maintained its quarterly dividend at 8.32 cents. The energy major said upstream production is likely to be slightly lower in the third quarter. Chipmaker GlobalFoundries rounded out the batch with a modest beat, generating $1.69 billion in revenue and adjusted earnings of $0.42 a share.
$DUK (+1.0% pre) Duke Energy reports second-quarter 2025 financial results https://t.co/A8R0KtuoeI
$GFS | GlobalFoundries Q2 2025 Earnings - Adj EPS 42C (est 35C) - Net Rev. $1.69B (est $1.68B)
🇺🇸🌾 ADM (Archer-Daniels-Midland) Q2 2025 Earnings Snapshot: Q2 Results: •Revenue: $21.17B (vs est. $21.5B) ⬇️ •Adjusted EPS: $0.93 (vs est. $0.80) ✅ FY Outlook: •Adjusted EPS: ~$4.00 (vs prior $4.00–$4.75, est. $4.01) ⬇️