Company News: DuPont (DD) quarterly results beat analysts’ forecasts

Market news

30 July 2020

Company News: DuPont (DD) quarterly results beat analysts’ forecasts

DuPont (DD) reported Q2 FY 2020 earnings of $0.70 per share (versus $0.97 per share in Q2 FY 2019), beating analysts’ consensus estimate of $0.58 per share.

The company’s quarterly revenues amounted to $4.828 bln (-11.7% y/y), beating analysts’ consensus estimate of $4.711 bln.

DD stood at $55.22 (0.0%) in pre-market trading.

The company also issued guidance for Q3 FY 2020, projecting EPS of $0.71-0.73 versus analysts’ consensus estimate of $0.71 and revenues slightly up sequentially versus analysts’ consensus estimate of $5.01 bln.

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