DuPont Posts Lower 3Q Profit, Sales
31 Octubre 2019 - 4:48AM
Noticias Dow Jones
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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