Back to top
Unique Zacks Analysis of Your Chosen Ticker
Pick one free report - opportunity may be withdrawn at any time
DuPont de Nemours, Inc. (DD) - $25 value - yours FREE >>
Dow Inc. (DOW) - $25 value - yours FREE >>
We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
DuPont de Nemours, Inc. (DD) - $25 value - yours FREE >>
Dow Inc. (DOW) - $25 value - yours FREE >>
Image: Bigstock
DuPont Inks Europe Distribution Deal With Endure Walls
DuPont de Nemours, Inc. (DD - Free Report) entered a distribution deal with Endure Walls for Tedlar Wallcoverings in Europe.
DuPont — which is among the prominent players in the chemicals space along with Celanese Corporation (CE - Free Report) , Dow Inc. (DOW - Free Report) and Eastman Chemical Company (EMN - Free Report) — stated that it is pleased with the expansion of Endure Walls mandate for commercial wallcoverings in the fast-growing European region. Moreover, it envisions that the collaboration would better suit its customers in Europe.
Notably, Tedlar Wallcoverings offers stain resistance and durability. Moreover, these are easy to clean.
Recently, DuPont issued preliminary results for first-quarter 2020.
The company expects adjusted earnings per share of 82-84 cents for the first quarter. It also anticipates net sales of roughly $5.2 billion for the first quarter.
Further, DuPont expects a loss from continuing operations of $510-$725 million, on a reported basis, for the first quarter.
Moreover, the company anticipates operating EBITDA of roughly $1.3 billion for the first quarter.
It also noted that it idled the production at various manufacturing sites and delayed some capital investments as part of its actions to address macroeconomic uncertainties, emanating from the coronavirus pandemic.
Moreover, the company decided to suspend its outlook for adjusted EPS and net sales for 2020 due to the global softening in automotive, oil & gas, and select industrial end-markets as well as the unknown duration and severity of the coronavirus pandemic.
5 Stocks Set to Double
Each was hand-picked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2020. Each comes from a different sector and has unique qualities and catalysts that could fuel exceptional growth.
Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.
Today, See These 5 Potential Home Runs >>