DuPont's (DD) Q3 Earnings And Sales Beat Estimates
DuPont de Nemours, Inc. (DD - Free Report) provides technology-based materials, ingredients and solutions. It serves markets including electronics, transportation, construction, health and wellness, food and worker safety.
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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,
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.
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