Company News: DuPont (DD) reported fourth quarter earnings in line with expectations, revenue declined

Market news

27 January 2015

Company News: DuPont (DD) reported fourth quarter earnings in line with expectations, revenue declined

DuPont (DD) earned $0.71 per share in the fourth quarter, in line with analysts' estimate. Revenue in the fourth quarter decreased 4.8% year-over-year to $7.38 billion, missing analysts' estimate of $7.79 billion.

The company released its forecasts for fiscal year 2015. EPS is expected to be $4.00-$4.20 (analysts' estimate: $4.47).

DuPont (DD) shares fell to $72.70 (-1.90%) prior to the opening bell.

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