Investing.com - DuPont (NYSE:DD) reported third quarter earnings that beat analysts' expectations on Thursday and revenue that fell short of forecasts.
The firm reported earnings per share of $0.96 on revenue of $5.43B. Analysts polled by Investing.com anticipated EPS of $0.95 on revenue of $5.44B. That compared to EPS of $0.74 on revenue of $20.12B in the same period a year earlier. The company had reported EPS of $0.97 on revenue of $5.47B in the previous quarter.
For the year, DuPont shares are down 13.81%, under-performing the S&P 500 which is up 23% year to date.
DuPont follows other major Basic Materials sector earnings this month
On Thursday, October 24, 2019, Vale ADR reported third quarter EPS of $0.32 on revenue of $10.22B, compared to forecasts of EPS of $0.51 on revenue of $10.49B.
Sherwin-Williams earnings beat analyst's expectations on Tuesday, October 22, 2019, with third quarter EPS of $6.65 on revenue of $4.87B. Investing.com analysts expected EPS of $6.47 on revenue of $4.83B
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