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
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.
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