DuPont's (DD) Q4 Earnings And Sales Lag Estimates

DuPont de Nemours, Inc. (DD - Free Report) provides technology-based materials, ingredients and solutions. It serves several markets including electronics, transportation and construction.

Earnings

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

Revenues

DuPont posted revenues of $5,204 million. It missed the Zacks Consensus Estimate of $5,217.7 million.  

Estimate Trend

Investors should note that the earnings estimate for DuPont for the fourth quarter have been stable over the past month.

DuPont de Nemours, Inc. Price and EPS Surprise

DuPont de Nemours, Inc. Price and EPS Surprise

Key Stats/Developments to Note

DuPont expects adjusted earnings per share in the range of $3.70-$3.90 for 2020. It also sees full-year sales between $21.5 billion and $22 billion.

Zacks Rank

DuPont currently has a Zacks Rank #5 (Strong Sell).

Market Reaction

DuPont’s shares were down 4.7% in pre-market trading.

Disclosure: Zacks.com contains statements and statistics that have been obtained from sources believed to be reliable but are not guaranteed as to accuracy or completeness. References to any specific ...

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