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DD DuPont de Nemours Inc

79.29
0.76 (0.97%)
08 May 2024 - Closed
Delayed by 15 minutes
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
  0.76 0.97% 79.29 79.63 78.77 78.88 1,894,324 01:00:00

DuPont Posts Lower 3Q Profit, Sales

31/10/2019 10:48am

Dow Jones News


DuPont de Nemours (NYSE:DD)
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From May 2019 to May 2024

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   By Dave Sebastian 
 

DuPont De Nemours Inc. (DD) reported lower third-quarter profit as sales fell.

For the quarter ended Sept. 30, the company posted net income of $372 million, or 50 cents a share, compared with $501 million, or 65 cents a share, in the comparable quarter last year. Analysts polled by FactSet were expecting 74 cents a share.

On an adjusted basis, earnings were 96 cents a share, ahead of the 94 cents a share analysts had expected.

Sales were $5.43 billion, compared with $5.68 billion in the year-ago period. Analysts were expecting $5.43 billion.

For the full year, the company narrowed its adjusted per-share earnings guidance to between $3.77 and $3.82 from between $3.75 and $3.85. It backed its guidance for organic sales to be slightly down compared with a year ago.

 

Write to Dave Sebastian at dave.sebastian@wsj.com

 

(END) Dow Jones Newswires

October 31, 2019 06:33 ET (10:33 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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