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

Market news

29 October 2020

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

DuPont (DD) reported Q3 FY 2020 earnings of $0.88 per share (versus $0.96 per share in Q3 FY 2019), beating analysts’ consensus estimate of $0.75 per share.

The company’s quarterly revenues amounted to $5.100 bln (-6.0% y/y), beating analysts’ consensus estimate of $5.034 bln.

The company also issued guidance for FY 2020, projecting EPS of $3.17-$3.21 (versus analysts’ consensus estimate of $3.03) and revenues of $20.1-$20.2 bln (versus analysts’ consensus estimate of $20.18 bln).

DD closed Wednesday's trading session at $55.91 (-2.51%).

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