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DuPont's (DD) Q2 Earnings Beat Estimates, Revenues Miss
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DuPont de Nemours, Inc. (DD - Free Report) provides technology-based materials, ingredients and solutions. It serves markets including electronics, transportation, construction, health and wellness, food and worker safety.
Earnings
DuPont’s adjusted earnings were 97 cents per share for the second quarter. The figure surpassed the Zacks Consensus Estimate of 86 cents.
Revenues
DuPont posted revenues of $5,468 million. It missed the Zacks Consensus Estimate of $5,641 million.
Estimate Trend
Investors should note that the earnings estimate for DuPont for the second quarter have been stable over the past month.
Key Stats/Developments to Note
DuPont raised its adjusted earnings per share guidance to the range of $3.75-$3.85 for 2019.
DuPont’s shares were inactive following the release. 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 DuPont’s earnings report!
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DuPont's (DD) Q2 Earnings Beat Estimates, Revenues Miss
DuPont de Nemours, Inc. (DD - Free Report) provides technology-based materials, ingredients and solutions. It serves markets including electronics, transportation, construction, health and wellness, food and worker safety.
Earnings
DuPont’s adjusted earnings were 97 cents per share for the second quarter. The figure surpassed the Zacks Consensus Estimate of 86 cents.
Revenues
DuPont posted revenues of $5,468 million. It missed the Zacks Consensus Estimate of $5,641 million.
Estimate Trend
Investors should note that the earnings estimate for DuPont for the second quarter have been stable over the past month.
Key Stats/Developments to Note
DuPont raised its adjusted earnings per share guidance to the range of $3.75-$3.85 for 2019.
Zacks Rank
DuPont currently has a Zacks Rank #5 (Strong Sell), but that could change following its earnings report which has just released. Meanwhile, You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Market Reaction
DuPont’s shares were inactive following the release. 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 DuPont’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>>