Investing.com - DuPont (NYSE:DD) De Nemours reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
DuPont De Nemours announced earnings per share of $0.82 on revenue of $3.27B. Analysts polled by Investing.com anticipated EPS of $0.6693 on revenue of $3.22B.
DuPont De Nemours shares are down 22% from the beginning of the year and are trading at $65.90 , down-from-52-week-high.They are under-performing the STOXX 600 which is down 8.6% from the start of the year.
DuPont De Nemours follows other major Materials sector earnings this month
DuPont De Nemours's report follows an earnings beat by Vale ADR on Wednesday, April 27, 2022, who reported EPS of $0.93 on revenue of $10.81B, compared to forecasts EPS of $0.838 on revenue of $11.66B.
Sherwin-Williams had beat expectations on Tuesday, April 26, 2022 with first quarter EPS of $1.61 on revenue of $5B, compared to forecast for EPS of $1.54 on revenue of $4.91B.
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