DuPont de Nemours, Inc. (DD) News
Filter DD News Items
DD News Results
|Event/Time||Symbol||Company||News Detail||Start||End||Change||POWR Rating|
|Loading, please wait...|
Latest DD News From Around the Web
Below are the latest news stories about DuPont de Nemours Inc that investors may wish to consider to help them evaluate DD as an investment opportunity.
It bears repeating that the U.S. and global economies slowed significantly in the second quarter of 2020 due to coronavirus pandemic shutdowns and closures. While basic materials company Celanese Corporation (CE) experienced a big demand drop--for instance in goods supplied for elective surgeries--it and other chemicals companies fared better than...
DuPont ([[DD]] +0.2%) says it completed a sale of its business that makes trichlorosilane, the primary raw material used in producing ultra-pure polysilicon, and its equity interest in the Hemlock Semiconductor joint venture for $725M.According to Bloomberg, KeyBanc analyst Aleksey Yefremov says the sale to Hemlock shows management's commitment to...
DD earnings call for the period ending June 30, 2020.
DuPont (DD): Q2 Non-GAAP EPS of $0.70 beats by $0.12; GAAP EPS of -$3.37 misses by $3.43.Revenue of $4.83B (-11.7% Y/Y) beats by $120M.Global slowdown in automotive industry from the impact of COVID-19 resulted in $2.5B non-cash impairment charge in the Transportation & Industrial segment.Press Release...
The numbers were pretty good and have some important read-through for industrial and tech investors.
DuPont (DD) saw strength across food & beverage and health & wellness end markets in the second quarter.
Shares of DuPont de Nemours (NYSE:DD) fell 1.1% in pre-market trading after the company reported Q2 results.Quarterly Results Earnings per share were down 27.84% over the past year to $0.70, which beat the estimate of $0.59.Revenue of $4,828,000,000 declined by 11.70% from the same period last year, which beat the estimate of $4,700,000,000.Guidance Q3 EPS expected between $0.71 and $0.73.How To Listen To The Conference Call Date: Jul 30, 2020Time: 08:00 AMView more earnings on DDET Webcast URL: https://globalmeet.webcasts.com/starthere.jsp?ei=1337932&tp_key=8d946c28d0Price Action 52-week high: $73.8052-week low: $28.33Price action over last quarter: Up 26.07%Company Profile DuPont is a diversified global specialty chemicals company created in 2019 from the DowDuPont merger and subseque...
DuPont's (DD) adjusted earnings of 70 cents per share for Q2 beat the Zacks Consensus Estimate of 59 cents.
Chief Executive Officer Ed Breen said DuPont had likely seen the worst in the second quarter even as a second wave of virus cases remains a threat, but the recovery would be measured and uneven. DuPont projected adjusted earnings between 71 and 73 cents for the current quarter, marginally above analysts' estimate of 71 cents, according to Refinitiv IBES data. Excluding one-off items, DuPont earned 70 cents per share, beating analysts' 59 cent estimate, with $4.8 billion in sales also a touch above estimates.
DuPont loss widens as revenue falls 12% in Q2, books non-cash charge related to slowdown in car market
DuPont de Nemours Inc. said Thursday it had a net loss of $2.478 billion, or $3.37 a share, in the second quarter, wider than the loss of $571 million, or $1.48 a share, posted in the year-earlier period. The loss includes a $2.5 billion non-cash impairment charge in the company's transportation and industrial segment, which was hurt by the global slowdown in the automotive industry during stay-at-home orders to contain the coronavirus pandemic. Adjusted per-share earnings came to 70 cents, ahead of the 60 cents FactSet consensus. Sales fell 12% to $4.8 billion, but were ahead of the $4.7 billion FactSet consensus. DuPont is moving ahead with the planned spinoff of its nutrition and biosciences business ahead of a planned merger with IFF in the first quarter of 021. An IFF sharehol...