Back to top

Image: Bigstock

DuPont's (DD) Q1 Earnings & Sales Top Estimates

Read MoreHide Full Article

DuPont (DD - Free Report) , a Dow 30 component, is a global science company with a diverse array of product offerings. Its products have applications across a bevy of industries including transportation, construction, oil and gas, automobile, apparel, agriculture, nutrition and health, packaging and electronics.

DuPont is gaining from its aggressive cost-saving and productivity measures. It also remains committed to introduce new higher-performing products to meet farmers’ needs.

Let’s have a quick look at the company’s first-quarter 2017 release.

Estimate Trend & Surprise History

Investors should note that the earnings estimate for DuPont for the first quarter have been static over the past month. DuPont has beaten the Zacks Consensus Estimate in all of the trailing four quarters.

Earnings

DuPont raked in adjusted earnings of $1.64 per share that topped the Zacks Consensus Estimate of $1.38.

Revenues
 

DuPont logged net sales of $7,743 million, up roughly 5% year over year. That also beat the Zacks Consensus Estimate of $7,539 million.

Key Stats/Developments to Note

DuPont expects earnings per share (on a reported basis) for first-half 2017 of around $2.42, a decline of roughly 5% from the prior year. Adjusted earnings for the first half are expected to be roughly $2.90 per share, a roughly 16% year over year increase.

Zacks Rank

DuPont currently carries a Zacks Rank #2 (Buy).

Market Reaction

DuPont’s shares were up around 2% 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!

More Stock News: This Is Bigger than the iPhone!    

It could become the mother of all technological revolutions. Apple sold a mere
1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.

Zacks has just released a Special Report that spotlights this fast-emerging
phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020. Click here for the 6 trades >>
 


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


DuPont de Nemours, Inc. (DD) - free report >>

Published in