We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
DuPont de Nemours Inc | NYSE:DD | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 73.53 | 127 | 13:17:59 |
By Dave Sebastian
DuPont de Nemours Inc. said its sales rose about 8% for the first quarter as it saw gains in all segments despite rising raw-material and logistics costs, as well as broader supply-chain disruptions.
The Wilmington, Del.-based materials and chemicals company Tuesday posted adjusted earnings of 91 cents a share. Analysts polled by FactSet were expecting 75 cents a share.
Net income available for shareholders was $5.39 billion, compared with a loss of $616 million in the same period last year. It reported earnings of $8.90 a share, compared with a loss of 83 cents a share in the year-earlier period.
The results included income from discontinued operations of $4.86 billion, while last year's included $533 million in goodwill impairment charges. Earnings from continuing operations were 89 cents a share.
Net sales totaled $3.98 billion, compared with $3.67 billion, it said. Analysts were expecting $3.85 billion.
"As we emerge from the Covid-19 pandemic, the leading positions we hold in semiconductor, smartphones, automotive, water filtration, and residential construction end-markets enabled us to deliver strong first quarter results ahead of expectations with organic sales growth in all three reporting segments," Executive Chairman and Chief Executive Ed Breen said.
Electronic and industrial sales rose 17% to $1.3 billion. Water and protection sales rose 4% to $1.3 billion. Mobility and materials sales rose 11% to $1.2 billion.
Write to Dave Sebastian at dave.sebastian@wsj.com
(END) Dow Jones Newswires
May 04, 2021 06:32 ET (10:32 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
1 Year DuPont de Nemours Chart |
1 Month DuPont de Nemours Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions