DowDuPont Inc. , which was formed through the merger of Dow Chemical and DuPont, engages in agriculture, materials science, and specialty products businesses globally.
Earnings
DowDuPont raked in adjusted earnings of 88 cents per share for the fourth quarter that trailed the Zacks Consensus Estimate of 89 cents.
Revenues
DowDuPont logged net sales of $20,099 million, flat year over year. It also missed the Zacks Consensus Estimate of $21,105 million.
Estimate Trend & Surprise History
Investors should note that the earnings estimate for DowDuPont for the fourth quarter have been stable over the past month. The company beat the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average positive surprise of 8.7%.
Key Stats/Developments to Note
DowDuPont envisions global economic expansion to continue this year at a modestly slower pace on a year-over-year comparison basis. The company said that it will remain focused on actions including capturing cost synergy savings, capitalizing on its growth investments and delivering productivity.
Zacks Rank
DowDuPont currently carries a Zacks Rank #3 (Hold), but that could change following the company’s earnings report which was just released. Meanwhile, you can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Market Reaction
DowDuPont’s shares were down around 9% in pre-market trading. It would be interesting to see how the market reacts to the results during the trading session today.
Check back later for our full write up on DowDuPont’s earnings report!
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DowDuPont's (DWDP) Q4 Earnings & Sales Miss Estimates
DowDuPont Inc. , which was formed through the merger of Dow Chemical and DuPont, engages in agriculture, materials science, and specialty products businesses globally.
Earnings
DowDuPont raked in adjusted earnings of 88 cents per share for the fourth quarter that trailed the Zacks Consensus Estimate of 89 cents.
Revenues
DowDuPont logged net sales of $20,099 million, flat year over year. It also missed the Zacks Consensus Estimate of $21,105 million.
Estimate Trend & Surprise History
Investors should note that the earnings estimate for DowDuPont for the fourth quarter have been stable over the past month. The company beat the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average positive surprise of 8.7%.
Key Stats/Developments to Note
DowDuPont envisions global economic expansion to continue this year at a modestly slower pace on a year-over-year comparison basis. The company said that it will remain focused on actions including capturing cost synergy savings, capitalizing on its growth investments and delivering productivity.
Zacks Rank
DowDuPont currently carries a Zacks Rank #3 (Hold), but that could change following the company’s earnings report which was just released. Meanwhile, you can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Market Reaction
DowDuPont’s shares were down around 9% in pre-market trading. It would be interesting to see how the market reacts to the results during the trading session today.
Check back later for our full write up on DowDuPont’s earnings report!
Looking for Stocks with Skyrocketing Upside?
Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.
Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.
See the pot trades we're targeting>>