DuPont De Nemours Earnings, Revenue Beat in Q2
2022.08.02 13:14
DuPont De Nemours Earnings, Revenue Beat in Q2
Investing.com – DuPont (NYSE:DD) De Nemours reported on Tuesday second quarter earnings that beat analysts’ forecasts and revenue that topped expectations.
DuPont De Nemours announced earnings per share of $0.88 on revenue of $3.32B. Analysts polled by Investing.com anticipated EPS of $0.7513 on revenue of $3.26B.
DuPont De Nemours shares are down 25% from the beginning of the year, still down 29.31% from its 52 week high of $85.16 set on January 14. They are under-performing the S&P 500 which is down 13.59% 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 missed by Sherwin-Williams on July 27, who reported EPS of $2.41 on revenue of $5.87B, compared to forecasts EPS of $2.77 on revenue of $6.03B.
Vale ADR had beat expectations on Thursday with second quarter EPS of $1.32 on revenue of $11.16B, compared to forecast for EPS of $0.8013 on revenue of $11.38B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
