DuPont De Nemours Earnings, Revenue Beat in Q1
2022.05.03 13:16
DuPont De Nemours Earnings, Revenue Beat in Q1
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 16% from the beginning of the year, still down 23.62% from its 52 week high of $86.28 set on June 4, 2021. They are under-performing the Euro Stoxx 50 which is down 12.61% 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 April 27, 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 April 26 with first quarter EPS of $1.61 on revenue of $5B, compared to forecast for EPS of $1.54 on revenue of $4.91B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar