Company News: DuPont (DD) quarterly earnings beat analysts’ forecast

Market news

1 August 2019

Company News: DuPont (DD) quarterly earnings beat analysts’ forecast

DuPont (DD) reported Q2 FY 2019 earnings of $0.97 per share (versus $1.37 in Q2 FY 2018), beating analysts’ consensus estimate of $0.82.

The company’s quarterly revenues amounted to $5.468 bln (-6.6% y/y), missing analysts’ consensus estimate of $5.631 bln.

The company issued in-line guidance for FY 2019, projecting EPS of $3.75-3.85 versus analysts’ consensus estimate of $3.80.

DD rose to $73.48 (+1.83%) in pre-market trading.

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