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DuPont's (DD) Q4 Earnings and Sales Lag Estimates
DuPont de Nemours, Inc. (DD - Free Report) provides technology-based materials, ingredients and solutions. It serves several markets including electronics, transportation and construction.
Earnings
DuPont’s adjusted earnings were 95 cents per share for the fourth quarter. The figure missed the Zacks Consensus Estimate of 96 cents.
Revenues
DuPont posted revenues of $5,204 million. It missed the Zacks Consensus Estimate of $5,217.7 million.
Estimate Trend
Investors should note that the earnings estimate for DuPont for the fourth quarter have been stable over the past month.
DuPont de Nemours, Inc. Price and EPS Surprise
DuPont de Nemours, Inc. price-eps-surprise | DuPont de Nemours, Inc. Quote
Key Stats/Developments to Note
DuPont expects adjusted earnings per share in the range of $3.70-$3.90 for 2020. It also sees full-year sales between $21.5 billion and $22 billion.
Zacks Rank
DuPont currently has a Zacks Rank #5 (Strong Sell). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Market Reaction
DuPont’s shares were down 4.7% 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 DuPont’s earnings report!
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