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DuPont's (DD) Q3 Earnings and Sales Beat Estimates

Zacks Equity Research

DuPont de Nemours, Inc. DD provides technology-based materials, ingredients and solutions. It serves markets including electronics, transportation, construction, health and wellness, food and worker safety.

Earnings

DuPont’s adjusted earnings were 96 cents per share for the third quarter. The figure beat the Zacks Consensus Estimate of 95 cents.

Revenues

DuPont posted revenues of $5,426 million. It also surpassed the Zacks Consensus Estimate of $5,409.9 million.  

Estimate Trend

Investors should note that the earnings estimate for DuPont for the third quarter have been going down over the past month.

Key Stats/Developments to Note

DuPont narrowed its adjusted earnings per share guidance to the range of $3.77-$3.82 for 2019.   

Zacks Rank

DuPont currently has a Zacks Rank #3 (Hold), but that could change following its earnings report which has just released. Meanwhile, You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Market Reaction

DuPont’s shares were inactive following the release. It would be interesting to see how the market reacts to the results during the trading session today.

Check back later for our full write up on DuPont’s earnings report!

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DuPont de Nemours, Inc. (DD) : Free Stock Analysis Report
 
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Zacks Investment Research