The tides of the COVID-19 pandemic affected various businesses in various ways. Understanding this could be helpful for plotting strategies in stock trading. Click here for direct access trading platforms. Here’s a look at four stocks from four different industries:  

ExxonMobil ($XOM)
The petroleum company had to deal with severely reduced demand for crude oil brought about by the COVID-19 pandemic. Here’s a look at ExxonMobil’s four quarters’ performance from 2020:
  • For Q1 2020, ExxonMobil reported a loss amounting to $610 million. For Q1 2019, the company had reported earnings worth $2.4 billion. This was the result of the COVID-19 pandemic weakening crude oil demand around the globe.
  • For Q2 2020, the company reported earnings worth $1.08 billion, compared to $3.13 billion in Q2 2019. It was a loss this quarter too as a result of the overall lesser demand brought about by COVID-19 while there was a global oversupply.  
  • Q3 2020 saw ExxonMobil reporting another loss of $680 million compared to Q3 2019 earnings of $3.17 billion. Despite the third straight quarter of loss, the company did experience a $400 million improvement in the results from the second quarter. 
  • ExxonMobil continued to experience loss for Q4 2020, at $20.1 billion.

John Deere ($DE)
The tractor and farm equipment manufacturer also struggled with the reduced demand as a result of COVID-19, particularly in Q2 and Q3. However, the company gradually picked up in Q4:  
  • For Q1 2020, John Deere reported net income worth $517 million. This was more than the net income of $498 million reported for Q1 2019. While global revenues and net sales dropped 4% to hit $7.631 billion, net sales from equipment operations also dropped from 2019’s figure of $6.941 billion to $6.530 billion.
  • Q2 2020 saw John Deere reporting net income worth $665.8 million, significantly lesser than the $1.135 billion earned in Q2 2019. Globally, there was a decline of 18% in revenues and net sales, hitting $9.253 billion. Net sales from equipment operations were reported at $8.224 billion, lower than the $10.273 billion reported in Q2 2019.
  • For Q3 2020, John Deere earned net income of $811 million, lesser than the $899 earned in Q3 2019. Global revenues and net sales were reported at $8.925 billion, a 11% decline from Q3 2019. Net sales from equipment operations dropped from $8.969 billion in Q3 2019 to $7.859 billion. 
  • During Q4 2020, the company earned net income worth $757 million, a 5% growth over the $722 million earned in Q4 2019. Global revenues and net sales dropped 2% year-over-year to register $9.731 billion. Net sales from equipment operations amounted to $8.659 billion compared to $8.703 billion in Q4 2019.

DuPont ($DD)
Chemical and paint company DuPont had to deal with reduced sales as a result of COVID-19. Here’s how it performed in all quarters of 2020:
  • For Q1 2020, the paint manufacturer reported earnings worth $5.22 billion, 4% less than Q1 2019 earnings of $5.41 billion. 
  • During Q2 2020, DuPont reported net sales worth $4.8 billion, a 12% year-over-year drop with organic sales also down 10%. The company also reported GAAP loss of $2.5 billion from continuing operations.  
  • For Q3 2020, DuPont reported net sales worth $5.1 billion, a year-over-year drop of 6%. GAAP loss was reported at $72 million from continuing operations.
  • Q4 2020 saw DuPont reporting net sales worth $5.3 billion, a year-over-year rise of 1%. Organic sales showed neither improvement nor deterioration from the year-ago period. GAAP income was reported at $279 million from continuing operations.

Philip Morris ($PMI)
The tobacco conglomerate had a challenging 2020 as the industry had to grapple with the global pandemic:  
  • For Q1 2020, Philip Morris earned net revenue worth $7.153 billion compared to $6.751 billion in Q1 2019. 
  • Q2 2020 net revenue for the company was $6.6 billion, a 13.6% year-over-year drop. GAAP net income was reported at $1.94 billion.  
  • During Q3 2020, the company reported diluted EPS worth $1.48 and adjusted diluted EPS worth $1.42. Net revenue was reported at $7.44 billion, a 2.6% drop from Q3 2019’s figure of $7.64 billion. 
  • For Q4 2020, Philip Morris earned net revenue worth $7.44 billion, a 3.5% drop from Q4 2019’s figure of $7.71 billion.

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