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DuPont: Q3 Earnings Insights

Benzinga Insights
·1 min read

 

Shares of DuPont de Nemours (NYSE:DD) rose 0.5% in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share decreased 8.33% year over year to $0.88, which beat the estimate of $0.75.

Revenue of $5,096,000,000 declined by 6.08% year over year, which beat the estimate of $5,000,000,000.

Looking Ahead

The upcoming fiscal year's EPS expected to be between $3.17 and $3.21.

The upcoming fiscal year's revenue expected to be between $20,100,000,000 and $20,200,000,000.

How To Listen To The Conference Call

Date: Oct 29, 2020

View more earnings on DD

Time: 08:00 AM

ET Webcast URL: https://globalmeet.webcasts.com/starthere.jsp?ei=1367373&tp_key=cb2466b9de

Technicals

52-week high: $73.49

52-week low: $28.33

Price action over last quarter: Up 5.18%

Company Overview

DuPont is a diversified global specialty chemicals company created in 2019 from the DowDuPont merger and subsequent separations. Its portfolio includes chemicals and downstream products that serve the automotive, electronics and communication, construction, and safety and protection industries. DuPont benefits from the ability to produce patented specialty chemicals that command pricing power. Noteworthy products include Kevlar, Tyvek, and Nomex that tend to have a wide range of applications across multiple industries.

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