Investing.com - DuPont (NYSE:DWDP) reported fourth quarter earnings that beat analysts' expectations on Thursday and revenue that fell short of forecasts.
The firm reported earnings per share of $0.88 on revenue of $20.1B. Analysts polled by Investing.com forecast EPS of $0.87 on revenue of $20.95B. That compared to EPS of $0.81 on revenue of $20.07B in the same period a year earlier. The company had reported EPS of $0.74 on revenue of $20.12B in the previous quarter.
For the year, DuPont shares are up 10.85%, outperforming the S&P 500 which is up 8.65% year to date.
DuPont follows other major Basic Materials sector earnings this month
On Friday, January 25, 2019, Air Products reported first quarter EPS of $1.86 on revenue of $2.22B, compared to forecasts of EPS of $1.87 on revenue of $2.26B.
PPG Industries earnings beat analyst's expectations on Thursday, January 17, 2019, with fourth quarter EPS of $1.15 on revenue of $3.65B. Investing.com analysts expected EPS of $1.1 on revenue of $3.65B
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